May 27, 2021

An anonymous individual received and SEC whistleblower award of $4.2 million.  According to the SEC, the individual voluntarily provided detailed, original information that caused the Commission to open an investigation that led to a successful enforcement action.  During the investigation, the individual met with investigative staff on multiple occasions, identified key players, and provided additional helpful information and documents.  A second claimant was denied an award; Commission staff stated that they had not communicated with or used any information provided by that claimant.  SEC

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