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SEC Awards Whistleblower More than $10 Million

SEC Awards Whistleblower More than $10 Million

On September 14, 2020, the Securities and Exchange Commission announced a considerable reward topping $10 million to a whistleblower whose information had led to a successful SEC enforcement action. The Chief of the SEC's Office of the Whistleblower, Jane Norberg stated, "This award recognizes the...

Expert Answers to Whistleblowers' Most-Asked Legal Questions

Expert Answers to Whistleblowers' Most-Asked Legal Questions

What Is The False Claims Act? The False Claims Act allows individuals to sue fraudsters on behalf of the government. As a reward for their efforts, the whistleblowers can then receive a 15-30% share of any monetary recoveries if using the proper claims process.
Typically, False Claims Act...