SEC Awards Compliance Officer Whistleblower Over A Million Dollars
Posted 04/23/15
By the C|C Whistleblower Lawyer Team
The SEC announced an
award of more than a million dollars to a compliance officer who had a reasonable basis to believe that disclosure to the SEC was necessary to prevent imminent misconduct from causing substantial financial harm to the company or investors. This is the second award the SEC has made to an employee with internal audit or compliance responsibilities, after the...