Tag Archives: whistleblower award program
SEC Announces $600,000 Award to Whistleblower in First-Ever Retaliation Payout
Since the U.S. Securities and Exchange Commission’s whistleblower award program was launched more than three years ago, the agency has handed out payments of more than $50 million to 17 different whistleblowers. For the most part, these payments have been provided in cases involving fraud. On Tuesday, April 28, the SEC announced that for the […]
SEC Whistleblower Investigation Leads to Concern Over Protecting Confidential Information
A recent article from the Wall Street Journal indicates that the Securities & Exchange Commission (SEC) began a formal inquiry into whether corporations are setting up their confidentiality agreements in ways that prevent their employees from reporting violations of securities law to the SEC. This article is just the most recent report of significant concerns […]
