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U.S. Securities and Exchange Commission SEC issued three separate whistleblower awards totaling over $1 million. SEC on April 18 was a $700,000 award granted to joint whistleblowers. The whistleblowers provided the SEC with original information.
The whistleblower provided specific and credible information that prompted staff to open an investigation that resulted in the Covered Action, which was based largely on conduct that was the subject of Claimant’s whistleblower submission.
U.S. Securities and Exchange Commission SEC issued a whistleblower award of approximately $1.5 million to an individual who provided information based upon independent knowledge and analysis which contributed to the success of an SEC enforcement action.
U.S. Securities Exchange Commission SEC issued a whistleblower award of approximately $14 million for publishing an online report detailing an ongoing fraud, The investigation led to an enforcement action which allowed millions of dollars to be returned to harmed investors
On February 22, the U.S. Securities and Exchange Commission issued a $600,000 whistleblower award to an individual who voluntarily provided the agency with original information which led to a successful enforcement action.