Information “leads to” a successful SEC action if it causes the SEC to:
- Open an investigation (even if the information ultimately does not have a strong nexus to the SEC’s charges in the action);
- Re-open a previously closed investigation;
- Pursue a new line of inquiry; or
- If the information significantly contributes to an open investigation.
Whistleblowers have enabled the SEC to protect investors and halt ongoing fraud. The largest SEC whistleblower awards to date are $114 million and $50 million.
For more information about whistleblower rewards and bounties, contact the SEC whistleblower lawyers at Zuckerman Law at 202-262-8959. And click below to hear SEC whistleblower lawyer Matt Stock’s tips for SEC whistleblowers:
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 an 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.