SEC Issued A Whistleblower Award natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
The U.S. Securities and Exchange Commission SEC awarded $580,000 to whistleblower under SEC Whistleblower Program. Qualified voluntary whistleblowers who provide information that leads to successful enforcement action entitled to 10-30% of government recovered funds.
U.S. Securities and Exchange Commission SEC issued three separate whistleblower awards totaling over $1 million. SEC on April 18 was a $700,000 award granted to joint whistleblowers. The whistleblowers provided the SEC with original information.
the whistleblower provided specific and credible information that prompted staff to open an investigation that resulted in the Covered Action, which was based largely on conduct that was the subject of Claimant’s whistleblower submission.
U.S. Securities and Exchange Commission SEC issued a whistleblower award of approximately $1.5 million to an individual who provided information based upon independent knowledge and analysis which contributed to the success of an SEC enforcement action.