$4 Million Award by SEC to Whistleblower

Settlement Amount:

$4,000,000

The U.S. Securities and Exchange Commission revealed that it is awarding nearly $4 million to a whistleblower.

This is the 10th highest whistleblower award to date, to an individual who alerted the agency about securities misconduct. Roughly, $153 million has now been awarded to 43 whistleblowers who became eligible for an award after voluntarily providing the SEC with original and useful information that led to successful enforcement actions. The SEC does not identify whistleblowers or their companies.

Reportedly, the whistleblower helped the agency “with detailed and specific information about serious misconduct and provided additional assistance during the ensuing investigation, including industry-specific knowledge and expertise.”

According to the SEC, enforcement actions from whistleblower tips have resulted in more than $953 million in financial remedies against wrongdoers.

Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million.

If you have a similar case please fill out the form below or email mail@whistleblowerinstitute.com or call: 619-452–1218

OR

If you or someone you know experienced a similar situation or any other wrongdoing within a corporation you should contact mail@whistleblowerinstitute.com or call: 619-452–1218

Top Whistleblower Rewards

$16,650,000,000 - Bank of America

$5,000,000,000 - Goldman Sachs

$4,700,000,000 - Department of Justice

$3,500,000,000 - Justice Department

$3,000,000,000 - GlaxoSmithKline

$3,000,000,000 - GlaxoSmithKline LLC

$2,600,000,000 - Morgan Stanley

$2,400,000,000 - Recovered in Healthcare Fraud

$2,300,000,000 - Pfizer

$2,200,000,000 - Johnson & Johnson

$14,700,000,000 - Volkswagen

$1,400,000,000 - Eli Lilly

$1,200,000,000 - Wells Fargo Bank

$10,000,000,000 - Vanguard

$785,000,000 - Pfizer

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About Whistleblower Institute

The Whistleblower Institute is an information portal for current or former employees and other people having insight information about wrongdoing and other illegal activities by individuals either individually or within corporations, through company culture and or within international affairs. This website is dedicated to the fight against corporations violation national laws and international laws driven by corporate greed. We help whistleblowers find answers to their questions and solutions to their problems.

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