Today, the SEC announced yet another blockbuster whistleblower award–more than $17 million to a former company employee who the SEC credited with submitting a detailed tip that “substantially advanced the agency’s investigation and ultimate enforcement action.” Andrew Ceresney, Director of the SEC’s Division of Enforcement, stated that the tip and assistance provided by the whistleblower “enabled our enforcement staff to conserve time and resources and gather strong evidence supporting our case.”
