Skip to main content

In The News

SEC awards approximately $2.5 million to whistleblower

Buckley InfoBytes

On April 9, the SEC announced an approximately $2.5 million whistleblower award in connection with a successful enforcement action. According to the redacted order, the whistleblower supplied information that led to charges related to a breach of fiduciary duties owed to investors, provided significant ongoing assistance to enforcement staff, and reported the information internally to the company.

The SEC has now paid approximately $762 million to 148 individuals since the inception of the whistleblower program in 2012.

Share page with AddThis