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Panasonic Whistleblower's SEC Award Exceeds $28M


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Panasonic Whistleblower s SEC Award Exceeds $28M
Law360 (May 19, 2021, 5:31 PM EDT) A whistleblower whose insight helped the U.S. Securities and Exchange Commission and another federal agency bring significant enforcement actions against a Panasonic subsidiary will receive more than $28 million as a reward for the help, attorneys for the whistleblower said Wednesday.
The SEC announced the multimillion-dollar award sum on Wednesday, but did not identify the whistleblower, the entities named in the actions or the nature of the alleged violations, which is the regulator s standard practice.
But also on Wednesday, Christopher Connors of Connors Law Group LLC and Andy Rickman of Rickman Law Group LLP said they represent the whistleblower, and that. ....

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