Encompassing three separate orders, the SEC has awarded a total of $7 million to five whistleblowers for assisting staff with information relevant to investigations.
Due to confidentiality requirements, the identities of the whistleblowers and the companies involved are redacted in the final orders. Therefore, it is not known whether one or more of the orders are related to each other, or if the orders involve a single company, two companies, or three different companies. It is noted that all the whistleblowers involved provided original information voluntarily, which ultimately led to the success of each enforcement action. Continue reading