SEC Awards $22 Million to Two Whistleblowers
By EsqSocial Corporation 13/05/21
On May 10, 2021, the SEC’s Office of the Whistleblower announced multi-million dollar awards to two whistleblowers who provided the SEC with information that assisted the agency in bringing a successful enforcement action against a financial services firm. (The order granting the awards can be accessed here.) The larger of the two awards, $18 million, was awarded to the whistleblower who was the initial source of the information that prompted the SEC’s investigation. The second award of $4...
By: Proskauer - Whistleblowing & Retaliation