Information “leads to” a successful SEC action if it causes the SEC to:
- Open an investigation;
- Re-open a previously closed investigation;
- Pursue a new line of inquiry; or
- It the information significantly contributes to an open investigation.
Whistleblowers have enabled the SEC to protect investors, halt ongoing fraud, and recover more than $975 billion in penalties. See our column in Forbes: One Billion Reasons Why The SEC Whistleblower-Reward Program Is Effective.
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:
Tips for Qualifying for a SEC Whistleblower Award
SEC Whistleblower Bounties
Information leads to a successful SEC action if it causes the SEC to open an investigation, or if it causes the SEC to reopen a previously closed investigation. It can also lead to a successful enforcement action if it causes the SEC to pursue a new line of inquiry, or if it significantly contributes to an already open investigation.