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In Their Own Words — Ceresney

Posted  May 16, 2016

— “Whistleblowers can receive an award not only when their tip initiates an investigation, but also when they provide new information or documentation that advances an existing inquiry.  This particular whistleblower’s tip substantially strengthened our ongoing case and increased our leverage during settlement negotiations with the company.”  

Andrew Ceresney, Director of the SEC’s Division of Enforcement, regarding a $3.5 million whistleblower award.  SEC

 

Tagged in: In Their Own Words, SEC Whistleblower Reward Program,