International SEC Whistleblower Attorneys – Representing Whistleblowers Worldwide
The leading international SEC whistleblower attorneys at Zuckerman Law have extensive experience representing SEC whistleblowers both domestically and internationally, including in matters concerning violations of the Foreign Corrupt Practices Act and EB-5 investment fraud. If you have original information about a potential violation of the U.S. federal securities laws, contact an international SEC whistleblower attorney at Zuckerman Law for a free, confidential case review by calling 202-262-8959. We can help you report anonymously and qualify for a SEC whistleblower award. The largest awards to date are nearly $50 million and $33 million. See the SEC whistleblower cases that resulted in awards. Recently the CFTC issued an award to a whistleblower living in a foreign country.
The international SEC whistleblower attorneys at Zuckerman Law have advised whistleblowers worldwide, including in Australia, China, Europe, India, Angola, Central America, the United Kingdom, the Middle East, Afghanistan, Argentina, and Canada, and currently represent whistleblowers worldwide in assisting the SEC in active investigations and litigation. We helped a whistleblower abroad obtain a multi-million dollar SEC whistleblower award. See our column in Forbes: One Billion Reasons Why The SEC Whistleblower-Reward Program Is Effective.
According to the 2017 Corruption Perceptions Index, a majority of countries are making little or no progress in ending corruption. As the SEC Whistleblower Program continues it worldwide outreach, we expect to see an increase in both tips and awards to international whistleblowers.
SEC Whistleblower Program
Under the SEC Whistleblower Program, whistleblowers are eligible for monetary awards when they provide information to the SEC about violations of federal securities laws. Whistleblowers are eligible to receive between 10% and 30% of the monetary sanctions collected if their tip leads to a successful enforcement action resulting in monetary sanctions exceeding $1,000,000.
Since 2011, the SEC Whistleblower Office has awarded more than $262 million to whistleblowers. The largest award to date is nearly $50 million. In 2016, the office issued more than $57 million in awards to whistleblowers. See the SEC whistleblower cases that have resulted in multi-million dollar awards.
Whistleblowers need not be U.S. citizens to be eligible for SEC whistleblower awards
Regardless of citizenship, whistleblowers who provide original information that leads to enforcement actions with total civil penalties of more than $1 million may be eligible an award of between 10-30 percent of the total sanctions imposed.
Since the beginning of the whistleblower program, submissions have come from whistleblowers in 103 countries outside of the United States. In 2016 alone, the SEC received tips from whistleblowers in 67 foreign countries. According to a recent SEC press release, the SEC Whistleblower Office received the highest number of tips from whistleblowers in the:
- United Kingdom,
- India; and
One of the largest awards to date – more than $30 million – was issued to a whistleblower living in a foreign country.
What violations qualify for an award from the SEC Whistleblower Program?
Any violation of U.S. federal securities laws qualifies for an award under the SEC Whistleblower Program, including:
- Accounting fraud;
- Investment and securities fraud;
- Insider trading;
- Foreign bribery and other FCPA violations;
- EB-5 investment fraud;
- Manipulation of a security’s price or volume;
- Fraudulent securities offerings and Ponzi schemes;
- Hedge fund fraud;
- Unregistered securities offerings;
- Investment adviser fraud;
- Broker-dealer anti-money laundering program violations;
- False or misleading statements about a company or investment;
- Inadequate internal controls;
- Deceptive non-GAAP financial measures;
- Improper revenue recognition;
- Violations of auditor independence rules; and
- Blockchain fraud.
Can I submit an anonymous tip to the SEC Whistleblower Office?
The SEC Whistleblower Program allows whistleblower to submit anonymous tips if represented by an attorney. In addition, if the SEC opens an investigation based on a whistleblower’s tip, it will go out of its way to protect whistleblower’s confidentiality. In certain circumstances, whistleblower may fear retaliation and an experienced SEC whistleblower attorney can skillfully guide whistleblowers through the process, maximizing the likelihood that their identity is not revealed to unauthorized parties.
For more information about the SEC whistleblower process, see the SEC’s investor bulletin on SEC investigations.
Whistleblower Protection for U.S. Employees Working Abroad
In addition to representing whistleblowers before the SEC, CFTC and IRS, we represent corporate whistleblowers in retaliation claims, including claims brought under the following laws:
- Sarbanes-Oxley whistleblower retaliation claims;
- False Claims Act retaliation claims;
- Consumer Financial Protection Act retaliation claims; and
- NDAA retaliation claims.
One of our attorneys obtained the first DOL decision permitting a whistleblower working in Europe to proceed with his SOX claim, successfully defeating a motion for summary dismissal. Click here to read about a recent DOL decision holding that the whistleblower protection provision of SOX can apply to covered employees working outside the United States.
For more information about the SOX whistleblower protection law, download our free guide Sarbanes-Oxley Whistleblower Protection: Robust Protection for Corporate Whistleblowers.
Law Firm Representing Whistleblowers Internationally
The experienced SEC whistleblower lawyers at Washington DC whistleblower law firm Zuckerman Law have successfully represented whistleblowers in whistleblower rewards and whistleblower rewards matters before the SEC and DOL concerning fraud, bribery, and other securities law violations that occurred in the U.S. and abroad.
The firm has a licensed Certified Public Accountant and Certified Fraud Examiner on staff to enhance its ability to investigate and disclose complex financial fraud to the SEC, and two of the firm’s attorneys served in high-level position at a government agency that protects whistleblowers. Firm Principal Jason Zuckerman has been named by Washingtonian Magazine as a “Top Whistleblower Lawyer” and the firm has been ranked by U.S. News as a Tier 1 Firm in Labor & Employment Litigation.
In 2017, Washingtonian magazine named two of our attorneys to its list of top whistleblower lawyers.
To learn more about the SEC Whistleblower Program, download Zuckerman Law’s eBook: SEC Whistleblower Program: Tips from SEC Whistleblower Attorneys to Maximize an SEC Whistleblower Award:
In addition, see the following resources:
- Zuckerman Law SEC Whistleblower Reward Program FAQ
- Tips for SEC Whistleblowers
- See our column in Going Concern: Sarbanes-Oxley 15 Years Later: Accountants Need to Speak Up Now More Than Ever.
- See our post in Accounting Today: Whistleblower Protections and Incentives for Auditors and Accountants.
- See our article providing Tips for SEC Whistleblowers
- See our post in The Compliance and Ethics Blog: Shkreli Trial Reveals the Challenges Faced by Compliance Whistleblowers.