SEC Whistleblowers

$104 Million Reward to Seven Whistleblowers

Posted on by WhistleBlowerStaff
Corporate greed strikes again - Whistleblower lawsuit.
SEC Awards More Than $104 Million to Seven Whistleblowers Today, the Securities and Exchange Commission recognized the valuable contributions of seven individuals who assisted in a successful SEC enforcement action. Their combined award of over $104 million is the fourth largest in the history of the SEC's whistleblower program. These individuals provided specific and credible information that helped prompt or significantly contribute to an SEC investigation. They sat for interviews, identif...
More

SEC’s largest-ever whistleblower award of $279 million to Ericsson Tipster

Posted on by WhistleBlowerStaff
Bribery
The largest-ever award in the Security and Exchange Commission’s cash-for-tips program was related to Ericsson’s bribery case. Did you hear about the recent whistleblower award issued by the Securities and Exchange Commission? It was a whopping $279 million! The award came from a bribery case against Ericsson, a telecommunications company that allegedly made illegal payments to win business in five countries. The case was a big deal and made headlines around the world. According to insiders,...
More

Whistleblower Awarded $279 Million – The Largest SEC Award to Date

Posted on by WhistleBlowerStaff
Corporate greed strikes again - Whistleblower lawsuit.
The U.S. Securities and Exchange Commission (SEC) has issued its largest-ever award of nearly $279 million to a whistleblower whose information helped the regulator's enforcement action, it said on Friday. The regulator did not disclose the case concerned in its statement. The award is more than double the $114 million it issued in October 2020. As this award shows, there is a significant incentive for whistleblowers to come forward with accurate information about potential securities...
More

Whistleblowers Awarded Over $54 Million by SEC

Posted on by WhistleBlowerStaff
Security and Exchange Commission
SEC Awards More Than $320 Million The Securities and Exchange Commission is awarding $39 million to one whistleblower and $15 million to another whose critical information and continued assistance helped the agency bring an important enforcement action.  The $39 million award is the second-largest award in the history of the SEC’s whistleblower program. “Whistleblowers serve as invaluable sources of information, and can propel an investigation forward by helping us overcome obstacles and...
More

Largest-Ever SEC Whistleblower Award

Posted on by WhistleBlowerStaff
Washington D.C.,- The Securities and Exchange Commission today announced its highest-ever Dodd-Frank whistleblower awards, with two whistleblowers sharing a nearly $50 million award and a third whistleblower receiving more than $33 million. The previous high was a $30 million award in 2014. “These awards demonstrate that whistleblowers can provide the SEC with incredibly significant information that enables us to pursue and remedy serious violations that might otherwise go unnoticed,” said J...
More

Business Insider / Foreign National Awarded $4.1 Million

Posted on by WhistleBlowerStaff
The Securities and Exchange Commission awarded more than $4.1 million to a former company insider who alerted the agency to a widespread, multi-year securities law violation and continued to provide important information and assistance throughout the SEC’s investigation. “Company insiders often have valuable information that can help the SEC halt an ongoing securities law violation and better protect investors,” said Jane Norberg, Chief of the SEC’s Office of the Whistleblower. “The breadth o...
More

Over $162 million awarded to 47 Whistleblowers by SEC

Posted on by WhistleBlowerStaff
The Securities and Exchange Commission today announced that a whistleblower has earned an award of more than $1 million for providing the SEC with new information and substantial corroborating documentation of a securities law violation by a registered entity that impacted retail customers. “Today’s award reflects the impact that whistleblower information can have in uncovering violations that harm the retail investor,” said Jane Norberg, Chief of the SEC’s Office of the Whistleblower. “W...
More

Monsanto Whistleblower Receives $22.5M

Posted on by WhistleBlowerStaff
Monsanto Whistleblower
A former Monsanto Co. financial executive who tipped off regulators about the agribusiness giant’s accounting practices involving rebates for its Roundup weed-killer will get nearly $22.5 million as a whistleblower, federal securities regulators announced Tuesday, Aug. 30, 2016 KANSAS CITY, Mo. — A former Monsanto Co. financial executive who tipped off regulators about the agribusiness giant’s accounting practices involving rebates for its Roundup weed-killer will get nearly $22.5 million a...
More

$3.5 Million Whistleblower Awarded By SEC

Posted on by WhistleBlowerStaff
The Security and Exchange Commission announced a whistleblower award of over $3.5 million to a company employee whose tip bolstered an ongoing investigation with additional evidence of wrongdoing that strengthened the SEC’s case. By law, the SEC protects the confidentiality of whistleblowers and does not disclose information that might directly or indirectly reveal a whistleblower’s identity. For some background, the SEC’s whistleblower program has now awarded more than $62 million to 28 w...
More

$10 Million Whistleblower Reward by U.S. Commodity Futures Trading Commission

Posted on by WhistleBlowerStaff
The U.S. Commodity Futures Trading Commission (CFTC) announced on April 4, 2016 that it awarded over $10 million to a whistleblower.  This is the largest award made by the CFTC’s Whistleblower Program. The development serves as an important reminder.  Companies are generally aware of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and the protections and incentives it provided to whistleblowers, but they perceive Dodd-Frank as an extension of the SEC.  This CFT...
More