Whistleblower Protection Law and SEC Whistleblower Awards Blog

CFTC Shows Whistleblowers the Money: Implications of Record $200 Million Award

Whistleblower’s Information and Assistance Led to an $800 Million Enforcement Action On October 21, 2021, the CFTC awarded $200 million to a whistleblower for providing … Continued

SEC Awards $40M to Two Whistleblowers: Lessons for Prospective SEC Whistleblowers

On October 15, 2021, the SEC announced that it awarded $40M to two whistleblowers. According to the order, both whistleblowers provided original information to … Continued

SEC Whistleblower Reform Law Would Strengthen Protections for SEC Whistleblowers

Congressman Al Green, Chair of the House Financial Services Committee Subcommittee on Oversight and Investigations, has introduced the Whistleblower Protection Reform Act of … Continued

Congress Proposes Consumer Protection Whistleblower Reward Program

Senator Catherine Cortez Masto recently introduced the Financial Compensation for Consumer Financial Protection Bureau (CFPB) Whistleblowers Act, which would require the Consumer Financial Protection Bureau … Continued

Combating Whistleblower Retaliation: How to Maximize Your Recovery

All too often, whistleblowers who disclose fraud to their employers, law enforcement, or government agencies suffer retaliation by their employers. Whistleblower retaliation takes a … Continued

How to Report Promissory Note Fraud and Earn an SEC Whistleblower Award

Promissory Note Frauds Fraudsters have recently begun to use promissory notes as vehicles to defraud investors out of billions of dollars. Most promissory note frauds share common … Continued

Air Safety Whistleblower Protections Critical at a Time of Heightened Air Safety Risks

Air Safety Risks as Air Travel Resumes A report recently released by Allianz titled Aviation trends post Covid‑19 identifies significant safety risks in the airline … Continued

How the IRS Whistleblower Program Can Combat Cryptocurrency Tax Fraud

Cryptocurrency Tax Fraud and Tax Evasion Due to weak reporting requirements that have not kept up with rapidly evolving technology, tax evaders have been able … Continued

SEC Cybersecurity Enforcement Action Underscores Why Cybersecurity Whistleblower Disclosures Should be Protected under SOX

There is mixed authority on whether the Sarbanes-Oxley whistleblower protection law protects disclosures about inadequate cybersecurity. Last year, in an unpublished decision, the Third Circuit … Continued