Suppose you’re aware of violations of securities laws at your place of employment but you are concerned that an employment agreement may prevent you from becoming a whistleblower. In that case, it’s always best to consult with an attorney. The securities whistleblower attorneys at the Law Firm of David R.…
The Securities and Exchanges Commission (SEC) has been awarding millions of dollars to whistleblowers in recent years—and the Commission has been awarding larger bonuses, more frequently. In the first decade of the SEC whistleblowing program, it had awarded $942 million to whistleblowers—but more than a third of that—$380 million—was given…
While some whistleblowers experience guilt, others are struggling with anger. Frequently, those who submit a whistleblower complaint to the Securities and Exchange Commission (SEC) have been wronged. This wrongdoing may manifest financially, emotionally, or both. Importantly, the SEC does its part to incentivize whistleblowers by offering the opportunity to financially…
During the 2020 fiscal year, the Office of the Whistleblower reported close to 7,000 whistleblower tips. This number represents the largest number of tips received in the program’s ten-year history. Whistleblower claims can be made by ordinary people or those inside the corporate structure who suspect another has or is…
After you and your legal team have filed a whistleblower complaint with the SEC, it may feel anticlimactic. When the SEC receives your tip, the agency reviews it along with thousands of other complaints. Then the SEC decides whether or not to allocate resources for a complete investigation. The investigation…
“Whistleblowing” is a term used to describe the act of alerting the Securities and Exchange Commission (SEC), in writing, to a securities law violation. For many, whistleblowing is easier in theory than in practice. While most people want to do what is right, and prevent illegal actors from unfair compensation,…
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…