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ADVERTISEMENT Panasonic Whistleblower's SEC Award Exceeds $28M Law360 (May 19, 2021, 5:31 PM EDT) -- A whistleblower whose insight helped the U.S. Securities and Exchange Commission and another federal agency bring "significant enforcement actions" against a Panasonic subsidiary will receive more than $28 million as a reward for the help, attorneys for the whistleblower said Wednesday. The SEC announced the multimillion-dollar award sum on Wednesday, but did not identify the whistleblower, the entities named in the actions or the nature of the alleged violations, which is the regulator's sta...
U.S. regulator awards $28 million to tipster on Panasonic probe Reuters 1 day ago WASHINGTON, May 19 (Reuters) - The U.S. securities regulator on Wednesday doled out a $28-million award to a whistleblower for information that led U.S. authorities to bring bribery charges against a subsidiary of Panasonic Corp, according to the tipster's lawyers. The Securities and Exchange Commission (SEC), which did not disclose the name of the company or the whistleblower, said the information led the SEC and another other agency to open investigations resulting in "significant enforcement actions." Attor...
U.S. regulator awards $28 million to tipster on Panasonic probe By Chris Prentice Reuters WASHINGTON (Reuters) - The U.S. securities regulator on Wednesday doled out a $28-million award to a whistleblower for information that led U.S. authorities to bring bribery charges against a subsidiary of Panasonic Corp , according to the tipster's lawyers. The Securities and Exchange Commission (SEC), which did not disclose the name of the company or the whistleblower, said the information led the SEC and another other agency to open investigations resulting in "significant enforcement actions". At...