Monday, March 23, 2020

SEC Awards Over $1.6 Million to Whistleblower

The Securities and Exchange Commission today announced an award of more than $1.6 million to a whistleblower whose information tipped the agency to securities law violations and helped form part of the basis for charges brought in a successful enforcement action. In addition to the tip, the whistleblower provided helpful assistance early in the investigation, preserving Commission time and resources.

Read the Full Press Release

As set forth in the Dodd-Frank Act, the SEC protects the confidentiality of whistleblowers and does not disclose information that could reveal a whistleblower’s identity. For more information about the whistleblower program and for assistance from experienced SEC and whistleblower attorneys, call Sallah Astarita & Cox at 212-509-6544.

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