If it sounds too good to be true, it usually is. It is an investment opportunity that offers no risk, high returns, or other incredible claims and is just a can’t-miss way to make more money. Unfortunately, many people get lured into an “easy money” scenario that is nothing more…
If you’ve become aware of a Ponzi scheme, your first instinct may be to disclose the information and stop the fraud. But how do you know who to tell? What do you do next? Who can answer your questions? The United States Securities & Exchange Commission (SEC) established its Office…
SEC whistleblower attorneys Scott Silver and David Chase, recently authored an article for law.com to discuss their predictions for the SEC’s Whistleblower program during the second Trump administration. With the new administration, changes come to nearly every part of government, and the SEC is no exception. President Trump has nominated…
Do you have information about a Ponzi scheme? You could be eligible for a whistleblower award from the SEC for your knowledge and information. Ponzi schemes are infamous for promising high returns in a short time. Like most financial crimes, the scheme’s operators take investor funds and leave the investor…
David R. Chase and Scott Silver co-authored an article for the Daily Business Review that discusses how the Trump administration will impact the SEC Whistleblower Program. Click here to read the full article.
New York-based investment advisors Two Sigma Investments LP and Two Sigma Advisers LP have settled SEC charges and repaid funds after a researcher made unauthorized changes to the firm’s investment models used to make investment decisions. Known collectively as “Two Sigma,” the firm paid $90 million in civil penalties to…
The Commodities Futures Trading Commission (CFTC) has announced an award of nearly $4 million to two whistleblowers who notified the agency of a company’s misconduct. Both individuals provided sufficient original information to lead to a successful enforcement action. Whistleblower #1 initially notified the CFTC of this misconduct and supplied key…
If you have knowledge of a Ponzi scheme or other investment fraud, you may be able to help stop the fraud and earn financial compensation for yourself by submitting a whistleblower tip to the Securities and Exchange Commission (SEC). Our team of attorneys, forensic analysts and investigators are singularly focused…
The SEC recently reached a $3 million collective settlement with seven public companies charged with violating whistleblower protection Rule 21F-17(a). This rule prohibits any actions by companies that impede an individual from communicating directly with the SEC staff about a possible securities law violation they observe. The companies cited were:…
The SEC recently announced that it has awarded money to two whistleblowers for their information that led to an SEC enforcement action against a company as well as a related action against the same company by another federal agency. Both individuals voluntarily provided critical information that led to the successful…