SEC Whistleblowers

Whistleblowers Awarded Over $54 Million by SEC

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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...
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Largest-Ever SEC Whistleblower Award

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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...
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Business Insider / Foreign National Awarded $4.1 Million

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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...
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Over $162 million awarded to 47 Whistleblowers by SEC

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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...
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Monsanto Whistleblower Receives $22.5M

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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...
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$3.5 Million Whistleblower Awarded By SEC

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

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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...
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$700,000 Awarded To Whistleblower For Detailed Analysis

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Washington D.C., Jan. 15, 2016 — The Securities and Exchange Commission today announced a whistleblower award of more than $700,000 to a company outsider who conducted a detailed analysis that led to a successful SEC enforcement action. “The voluntary submission of high-quality analysis by industry experts can be every bit as valuable as first-hand knowledge of wrongdoing by company insiders,” said Andrew Ceresney, Director of the SEC’s Enforcement Division.  “We will continue to leverage a...
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