In a recent announcement, two whistleblowers are sharing an SEC bounty of $3 million after supplying information that led to a successful enforcement action. The individuals worked separately and independently with SEC staff, providing information as well as continued assistance during the investigation. Both gave several interviews as well as…
On April 9, 2021, The SEC announced the award of $2.5 million to a whistleblower for information and assistance that led to a successful enforcement action. This case involved a breach of fiduciary duty that was owed to investors. The SEC determined that the individual voluntarily provided “significant ongoing assistance”…
The Securities and Exchange Commission (SEC) announced the awarding of two separate bounties to two whistleblowers, $13 million and $10 million, respectively. Both individuals provided significant assistance and information that led to several successful enforcement actions for the SEC as well as related actions for another federal agency. This means…
The Securities and Exchange Commission (SEC) announced that it awarded a whistleblower $4.2 million for critical and original information that led to a successful enforcement action. The individual tipped the SEC regarding specific possible violations of the federal securities laws that, in turn, caused an investigation to be opened. Once…
The Securities & Exchange Commission (SEC) announced its latest award of $9.2 million to a helpful whistleblower who offered assistance at their own expense. This individual traveled to be personally interviewed by the US Department of Justice, and paid for their travel out-of-pocket. As a result, their information led to…
A whistleblower who filed an internal report prior submitting a tip to the SEC has been awarded $500,000 by the agency. The information provided by the whistleblower gave the SEC and another agency what they needed to file actions quickly in order to stop a continuing fraudulent scheme. The individual…
The SEC has awarded two individuals more than $3M related to two agency separate enforcement actions. In the first, the agency awarded $3.2M to one individual who alerted the SEC to certain violations. The individual also gave the SEC crucial subject matter expertise, which conserved agency resources, as well as…
The SEC today awarded a whistleblower a sum of $28M after providing the SEC with information that led to a successful enforcement action and a second related action with another federal agency. The second agency was not identified. As a result of the informant’s information, both the SEC and the…
In two separate cases, the SEC has awarded four individuals sums that total over $31 million for critical information that led to successful enforcement actions. The first award of $27 million went to two individuals who not only provided the agency with vital information, they offered continual assistance and met…
The Securities & Exchange Commission (SEC) announced today the award of $3.6 million to a whistleblower whose assistance helped the agency with another case. The individual offered “valuable information” to the agency’s attention, leading to a new investigation of wrongdoing and violations of federal securities laws. The whistleblower’s sustained assistance…