May 24, 2019

The SEC announced an award of more than $4.5 million to an anonymous whistleblower.  The whistleblower sent an anonymous tip to the company alleging significant wrongdoing, and also submitted the same information to the SEC within 120 days of reporting it to the company. The company opened an internal investigation as a result of the whistleblower’s tip, and subsequently self-reported to the SEC and another agency, resulting in a recovery by the government.  SEC

Tagged in: SEC Whistleblower Reward Program, Whistleblower Case, Whistleblower Rewards,