SEC whistleblower awards top $175 million after latest $16 million payment LeapRate

ASIC applauds the enactment of stronger whistleblowing laws

November 30, 2017 BY LeapRate Staff

SEC whistleblower awards top $175 million after latest $16 million payment

The U.S. Securities and Exchange Commission (SEC) has announced awards of more than $8 million each to two whistleblowers whose critical information and continuing assistance helped the agency bring the successful underlying enforcement action. With this case, SEC enforcement actions involving whistleblower awards have now resulted in more than $1 billion in financial remedies ordered…

August 30, 2016 BY LeapRate Staff

SEC Whistleblower program tops $100 million in awards following second largest ever $22M payment

It is clear that US securities industry regulator the Securities and Exchange Commission (SEC) is pleased with its Whistleblower program. While bureaucratic / government offices seldom put out puffery-like press releases, the SEC is clearly heavily marketing its Whistleblower program and enticing future potential tattle-tellers by dangling the very large carrot of multi million dollar…

May 17, 2016 BY Maria Nikolova

SEC to award $5-$6 million to whistleblower for helping uncover securities violations

The U.S. Securities and Exchange Commission (SEC) announces another generous award to a whistleblower, as it will award between $5 million and $6 million to a former company insider whose tip helped the agency uncover securities violations. These would have been nearly impossible to detect had not it been for the whistleblower’s information. Today’s award is…

Tag: SEC whistleblower program