December 18, 2020

The SEC awarded $1.2 million to a whistleblower, noting that the whistleblower award amount was negatively affected by the individual’s culpability in the underlying fraud and unreasonable delay in reporting to the SEC even as the claimant was fully aware of the scheme’s illegality.  SEC

Tagged in: Financial and Investment Fraud, SEC Whistleblower Reward Program, Whistleblower Rewards,