By Steve Kardell | Published January 3, 2023 | Posted in Whistleblower Litigation | Tagged Tags: whistleblower awards, whistleblower payments, windfalls |
Despite claims by offending companies, whistleblowers aren’t getting rich by reporting their employers. If anything, they suffer steep consequences and often wait years before receiving compensation. Here are the facts about whistleblowers and these cases. No consideration for inflation There is little growth in the average whistleblower payment. According to available data, from 1987 through Read More
Read MoreIn late July, Securities and Exchange Commission (SEC) officials announced there were two more cases in which the regulator handed out whistleblower awards, totaling $4.2 million for the two whistleblowers. The total of the whistleblower payments distributed through the program is now at $158 million. One of the awards was announced on July 27 and Read More
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