SEC Awards Four Whistleblowers More Than $31 Million

On May 17, 2021, the SEC announced payment of more than $31 million to four whistleblowers who provided the SEC with information that resulted in the return of tens of millions of dollars to harmed investors. The largest of the awards, totaling almost $27 million, was awarded to two joint whistleblowers who provided the SEC with new information and assisted with an existing investigation. The second order included awards of approximately $3.75 million and $750,000 to two additional...
By: Proskauer - Whistleblowing & Retaliation

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