Of course, if you become a whistleblower, it’s only natural to consider the impact this may have on you personally—how reporting may affect your career. You may be wondering if you would be subject to retaliation, or perhaps you’re thinking about the upside—the minimum award you could win. In September…
Once you’ve decided to make a report to the Securities and Exchange Commission (SEC), what’s probably the next decision you’ll need to make if you should reveal your identity or give the SEC an anonymous tip. Before you decide, there are some important things you need to know. First, if…
For would-be whistleblowers, one of the biggest questions is if they should make an internal report rather than go to the SEC. In fact, 83% of the SEC whistleblowers did raise the subject of their concerns internally, before they went to the SEC. So how do you decide? While there…
You may be an eligible whistleblower entitled to a reward if you voluntarily provide original information to the Securities and Exchange Commission (SEC) or other federal agency that leads to the SEC’s issuance of sanctions of one million dollars ($1,000,000) or more. But what do those “voluntarily” and “original” requirements…
If you’re deciding to become a whistleblower, there are a number of issues that you should consider. The first of these is to know that just because you provide information to the Securities and Exchange Commission (SEC) about a potential securities violation, that does not mean that you are automatically…
On September 24, 2021, the Securities and Exchange Commission (SEC) announced that it awarded roughly $36 million to a whistleblower who provided information and assistance that “significantly contributed to the success of an SEC enforcement action as well as actions by another federal agency.” The other agency was not named,…
The SEC continues awarding monies to whistleblowers who assist staff with information that either leads to a successful enforcement action or makes things easier for investigative staff. Two whistleblowers have been awarded a combined bounty of $11.5 million. The first whistleblower received an award of nearly $7 million, and the…
In one of the highest payouts since the inception of the SEC’s Whistleblower Program, an individual recently received a total bounty of an astounding $110M. It’s the second highest award paid to a whistleblower, following a $114M award paid just last October. The SEC awarded the individual $40 million, and…
The SEC continues to award whistleblowers who provide pertinent information leading to successful enforcement actions. $2.6 million was recently awarded for three different orders involving five individuals who assisted the SEC. In the first award of $1.2 million, a whistleblower provided the SEC with information obtained from a self-created and…
Whistleblowers have made a busy summer for the SEC this year, and there is no sign of any slowdown. Two cases saw bounties of $6 million, as described in a recent press release. In the first order, whistleblower received a bounty of over $3.5 million after reporting new and beneficial…