Internal Controls Whistleblowing Yes – disclosures about internal controls over financial reporting are protected under the Sarbanes-Oxley Act (SOX) whistleblower retaliation law. 17 C.F.R. § … Continued
What is a Ponzi scheme? A Ponzi scheme is a type of investment fraud that leads investors to believe the “returns” on their investments are … Continued
What is a whistleblower? A whistleblower is a person who exposes wrongdoing. Federal and state laws offer whistleblowers rewards and whistleblower protections for exposing certain … Continued
How to Report Securities Fraud to the SEC To qualify for an award under the SEC Whistleblower Program, individuals must report securities fraud or securities … Continued
SEC Office of the Whistleblower In 2011, the SEC Office of the Whistleblower was created pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection … Continued
Awards for Reporting Financial Statement Fraud Yes. Under the SEC Whistleblower Program, eligible whistleblowers can receive an award for reporting financial statement fraud if their … Continued
SEC Sanctions and Penalties The U.S. Securities and Exchange Commission (SEC) obtains billions of dollars each year in monetary sanctions from wrongdoers who violated the … Continued
Issues to Consider Before Filing an SEC Whistleblower Complaint Every client’s potential matter is unique and requires analysis of the specific violation that the whistleblower … Continued
SEC Whistleblower Rewards for Reporting Inflated Key Performance Metrics Yes, under the SEC Whistleblower Program a disclosure to the SEC about a company’s falsely inflated … Continued
Ponzi Schemes and SEC Whistleblower Awards Under the SEC Whistleblower Program, eligible whistleblowers may receive an award for providing the SEC with original information about any … Continued
Whistleblower Awards for Reporting Financial Fraud Yes. Under the SEC Whistleblower Program, eligible whistleblowers may receive monetary awards when they voluntarily provide the SEC with original … Continued
Whistleblower Rewards for Reporting Wrongdoing A whistleblower reward is a monetary incentive offered by the government to individuals for exposing certain wrongdoing. Federal laws require … Continued