SEC Awards Whistleblower More Than $700,000

SEC Awards Whistleblower More Than $700,000

On January 15, 2016, the Securities and Exchange Commission’s Office of the Whistleblower (“OWB”) announced the award of more than $700,000 to a “company outsider who conducted a detailed analysis that led to a successful SEC enforcement action.”  This award is significant because the whistleblower provided independent analysis to the SEC, rather than inside information of wrongdoing.

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