SEC Whistleblower Bounty Archives

Why hire an SEC whistleblower lawyer?

Why Hire an SEC Whistleblower Lawyer In contrast to False Claims Act (FCA) qui tam claims, a whistleblower reporting wrongdoing to the U.S. Securities and … Continued

What is the SEC Office of the Whistleblower?

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

Can I receive an award for reporting financial statement fraud?

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

Can the SEC bring enforcement actions against international schemes?

The SEC’s International Reach Against Fraudsters Yes. The antifraud provisions of the federal securities laws apply extraterritorially: When the wrongful conduct occurred in the United States; … Continued

What are SEC sanctions and penalties?

SEC Sanctions and Penalties The U.S. Securities and Exchange Commission (SEC) obtains billions of dollars each year in monetary sanctions from wrongdoers. As a part … Continued

What Issues Should I Consider Before Filing an SEC Whistleblower Complaint?

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 Awards: Can a whistleblower get an award for reporting books and records violations?

Yes, under the SEC’s whistleblower reward program, a disclosure to the SEC about a books and records violation that leads to a successful enforcement action … Continued

If I report my company’s inflated key performance metrics, can I qualify for an SEC whistleblower reward?

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

Can I report a Ponzi scheme and receive an SEC whistleblower award?

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

What is a whistleblower reward?

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

What “related actions” qualify for an SEC whistleblower award?

Awards for “Related Actions” under the SEC Whistleblower Program Under the SEC Whistleblower Program, the SEC is authorized to pay monetary awards in certain successful “related … Continued

Are attorney fees paid from an SEC or CFTC whistleblower award taxable?

Under 26 U.S. Code § 62(a)(21), as amended by the Bipartisan Budget Act of 2018, an SEC or CFTC whistleblower receiving an award from the … Continued