SEC’s 23rd Whistleblower Award Goes to a “Company Outsider”
On Friday, January 15th
, the SEC made an award of more than $700,000 to a whistleblower the agency described as a “company outsider
who conducted a detailed analysis that led to a successful SEC enforcement action.”
The SEC’s whistleblower program explicitly provides for financial rewards to company outsiders by allowing “independent analysis” — even when based on publicly available information — to...