April 16, 2020

The SEC has announced that its largest whistleblower award so far this year and sixth largest overall since the inception of its whistleblower program has been awarded to an individual who alerted the agency to fraud that was partly committed overseas.  The whistleblower, who will receive $27 million, reportedly contributed significantly to the agency’s enforcement efforts by providing critical investigative leads.  SEC

Tagged in: Anonymity, SEC Whistleblower Reward Program, Securities Fraud, Whistleblower Rewards,