Whistleblower awarded $700,000 after prompting SEC investigation

Whistleblower awarded $700,000 after prompting SEC investigation

America's Securities and Exchange Commission (SEC) announced on Friday a whistleblower award of almost $700,000 given to a claimant whose 'prompt reporting' led the SEC to open an investigation. The SEC whistleblower suffered "undue hardship" as a result of their activities. According to the SEC press release, the whistleblower initially reported their concerns internally before contacting the SEC Whistleblower Office. The "significant information" this whistleblower brought to the Comm...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.