Contact

Click here for a confidential contact or call:

1-212-350-2774

SEC Whistleblower Reward Program

This archive displays posts tagged as relevant to the SEC Whistleblower Reward Program. You may also be interested in the following pages:

Page 23 of 32

SEC Report Shows a Significant Number of Tips Coming From UK Whistleblowers

Posted  11/10/17

The 2016 Annual Report to Congress on the Dodd-Frank Whistleblower Program shows a growing number of international whistleblowers are taking advantage of the SEC's award program. In 2016 alone, the Commission received submissions from individuals in 67 foreign countries.  After the United States, the SEC received the highest number of whistleblower tips from the UK and Canada. OWB Annual Report 2016

SEC Supreme Court Amicus Brief Filed in Support of Whistleblower Anti-Retaliation Provisions Under Dodd-Frank

Posted  10/26/17
By the C|C Whistleblower Lawyer Team An article from Law360 discusses the SEC’s position on the anti-retaliation provisions in Dodd-Frank based on an amicus brief filed in the Supreme Court. The case involves whistleblower Paul Somers, a former employee of Digital Realty Trust Inc., who sought to take advantage of Dodd-Frank’s anti-retaliation provisions even though he did not report the alleged securities...

SEC Announces Whistleblower Award of More Than a Million Dollars

Posted  10/13/17
By the C|C Whistleblower Lawyer Team The SEC announced that a whistleblower has earned an award of more than $1 million for providing the SEC with new information and substantial corroborating documentation of a securities law violation by a registered entity that impacted retail customers. “Today’s award reflects the impact that whistleblower information can have in uncovering violations that harm the retail...

October 12, 2017

Posted  10/12/17
The Securities and Exchange Commission announced a whistleblower award of more than $1 million for providing the SEC with new information and substantial corroborating documentation of a securities law violation by a registered entity that impacted retail customers. It represents the 47th SEC whistleblower award and brings the total payouts under the SEC Whistleblower Program to more than $162 million. SEC

Government Employees are Now Clearly Eligible for SEC Whistleblower Awards

Posted  08/3/17
By the C|C Whistleblower Lawyer Team A $2.5M award announced last week included a footnote delineating who, among government employees, is eligible for SEC whistleblower awards. Employees of local, state, and federal agencies, other than regulatory, or law enforcement agencies, are eligible for awards. Which agency this whistleblower worked for was not revealed. Notable excluded regulatory agencies include the SEC...

July 27, 2017

The Securities and Exchange Commission today announced a whistleblower award of more than $1.7 million to a company insider who provided the agency with critical information to help stop a fraud that would have otherwise been difficult to detect.  Millions of dollars were returned to harmed investors as a result of the SEC’s ensuing investigation and enforcement action.  ''When whistleblowers tip the SEC, it not only can bring wrongdoers to justice but also relief to investors,'' said Jane Norberg, Chief of the SEC’s Office of the Whistleblower.  ''This whistleblower's valuable information enabled us to stop further investor harm and ultimately return money to victims.''  Approximately $158 million has now been awarded to 46 whistleblowers who voluntarily provided the SEC with original and useful information that led to a successful enforcement action. SEC

July 25, 2017

The Securities and Exchange Commission today announced an award of nearly $2.5 million to an employee of a domestic government agency whose whistleblower tip helped launch an SEC investigation and whose continued assistance enabled the SEC to address a company's misconduct. ''Whistleblowers can provide a wealth of information and ongoing assistance that helps our agency bring enforcement actions quicker and more efficiently,'' said Jane Norberg, Chief of the SEC's Office of the Whistleblower.  ''This whistleblower not only helped us open the case, but also provided timely ongoing assistance along with critical documents and testimony that accelerated the pace of our enforcement action.'' Approximately $156 million has now been awarded to 45 whistleblowers who voluntarily provided the SEC with original and useful information that led to a successful enforcement action.  No money has been taken or withheld from harmed investors to pay whistleblower awards. SEC

JPMorgan Whistleblowers Set to Reap Record $61 Million Bounty

Posted  07/21/17
By the C|C Whistleblower Lawyer Team Two whistleblowers are apparently set to share a record $61 million award from the SEC for helping make the case that JPMorgan Chase & Co. failed to disclose to wealthy clients that it was steering them into investments that would be most profitable for the bank. The SEC issued letters notifying six whistleblower applicants of the preliminary decision. The letters said that...

May 2, 2017

The Securities and Exchange Commission today announced that a company insider has earned a whistleblower award of more than $500,000 for reporting information that prompted an SEC investigation into well-hidden misconduct that resulted in an SEC enforcement action. “This company employee saw something wrong and did the right thing by reporting what turned out to be hard-to-detect violations of the securities laws,” said Jane Norberg, Chief of the SEC’s Office of the Whistleblower.  “Company insiders are in a unique position to provide specific information that allows us to better protect investors and the marketplace.  We encourage insiders with information to bring it to our attention.” The whistleblower award is the second announced by the SEC in the past week.  Approximately $154 million has now been awarded to 44 whistleblowers who voluntarily provided the SEC with original and useful information that led to a successful enforcement action. SEC

April 25, 2017

The Securities and Exchange Commission today announced an award of nearly $4 million to a whistleblower who tipped the agency with detailed and specific information about serious misconduct and provided additional assistance during the ensuing investigation, including industry-specific knowledge and expertise. “Not only did this whistleblower step forward and report suspicious conduct, but continued to help after we opened our investigation,” said Jane Norberg, Chief of the SEC’s Office of the Whistleblower.  “Whistleblowers with specialized experience or expertise can help us expend fewer resources in our investigations and bring enforcement actions more efficiently.” Approximately $153 million has now been awarded to 43 whistleblowers who became eligible for an award after voluntarily providing the SEC with original and useful information that led to successful enforcement actions. SEC enforcement actions from whistleblower tips have resulted in more than $953 million in financial remedies against wrongdoers. SEC
1 21 22 23 24 25 32