As you might know, in August 2011, the SEC create the Office of the Whistleblower which established a Whistleblower program at the Securities & Exchange Commission (“SEC”) that encourages insiders to “blow the whistle” on financial fraud, granting the whistleblowers part of the monies recovered from financial fraud.  Whistleblowers can receive an award equal to…

FOR IMMEDIATE RELEASE 2015-252 Washington D.C., Nov. 4, 2015 —The Securities and Exchange Commission today announced a whistleblower award totaling more than $325,000 for a former investment firm employee who tipped the agency with specific information that enabled enforcement staff to open an investigation and uncover the extent of the fraudulent activity. The whistleblower provided…