SEC Whistleblower Bounty Archives

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

Can I report financial fraud and receive an SEC whistleblower award?

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 … Continued

What is a whistleblower reward?

Whistleblower Rewards for Reporting Wrongdoing A whistleblower reward is a monetary incentive provided by the government to reward a whistleblower’s disclosure of original information … 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 … Continued

Can an incomplete Section 303 MD&A disclosure give rise to Section 10(b) securities fraud liability?

Yes. “Item 303 provides a critical backstop to prevent unscrupulous issuers from exploiting the trust that reasonable investors place in submissions made in purported compliance … Continued

How Can a Whistleblower Get an Award from the SEC Whistleblower Program?

5 Tips to get an SEC Whistleblower Award Tip #1: Quickly Determine Eligibility Analyzing an individual’s eligibility is complex. The analysis differs depending on … Continued

What happens after I apply for an SEC whistleblower award?

Preliminary SEC Whistleblower Award Determination After a whistleblower applies for an SEC whistleblower award (by submitting a completed Form WB-APP within 90 calendar days of the … Continued

Are cybersecurity whistleblowers protected against retaliation?

The Sarbanes-Oxley Act of 2002 (SOX) will often protect cybersecurity professionals who work directly for public corporations or those corporations’ service providers. Yet further, the Dodd-Frank Act of 2010 (DFA) could allow information security workers to receive a whistleblower reward for reporting cybersecurity concerns to the U.S. Securities and Exchange Commission (SEC) or the U.S. Commodity Futures Trading Commission (CFTC), in some cases.

How do I choose the best whistleblower attorney?

Choosing the Best Whistleblower Attorney for Your Whistleblower Reward or Whistleblower Retaliation Claim There is no shortage of whistleblower law firms and whistleblower attorneys … Continued

Why does the Dodd-Frank Act protect whistleblowers?

Like Sarbanes-Oxley, DFA was passed in the wake of a financial scandal—the subprime mortgage bubble and subsequent market collapse of 2008. See Samuel C. Leifer, Note, Protecting … Continued

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