On February 25, the U.S. Securities and Exchange Commission (SEC) announced two whistleblower awards totaling more than $1.7 million. Two Awards For More Than $1.7 Million The first of the two new awards for more than $900,000 was issued to a whistleblower who provided significant evidence connected to an ongoing investigation...
On February 4, the U.S. Securities and Exchange Commission (SEC) announced charges against investment adviser GPB Capital and individuals affiliated with the firm, including its owner and CEO, David Gentile and Jeffry Schneider, the owner of GPB Capital’s placement agent Ascendant Capital. The SEC alleged that the firm and its affiliates had...
State and federal laws provide robust protections to whistleblowers. However, you cannot use these laws if you cannot keep yourself safe. Your safety and security should always be a whistleblower attorney’s top priority. Here are some tips about how to safely blow the whistle. Confidentially Talk to a Civil...
Certain whistleblower laws require the whistleblower to show that they provided non-public information in order to receive a whistleblower award. This requirement leads many prospective whistleblowers to ask whether they can be a whistleblower after being fired. A fired employee can be a whistleblower. In fact, fired employees are sometimes...
On January 7, the Securities and Exchange Commission announced that it had awarded more than $1.1 million to five whistleblowers for producing information that led to a successful enforcement action. The SEC Relies on Whistleblowers to Fight Securities Fraud The SEC’s first order awarded almost $500,000 to three whistleblowers...
A study conducted by the Ethics Resource Center found that 62 million Americans have witnessed fraud or misconduct at work. Whistleblowers are key to combatting this widespread corporate corruption. Many people who see corporate wrongdoing rightfully fear that speaking up will cost them their jobs and livelihoods. This is a...