On Friday, the SEC announced its latest whistleblower award — a sizable one that is noteworthy for at least three reasons.
First, the award to a company employee was for more than $3.5 million, a significant award that now becomes the third-largest on record. The largest award to date was for $30 million (announced Sept. 22, 2014) and the second-largest was for $14 million (announced Oct. 1, 2013). To date, the SEC’s whistleblower program has now awarded more than $62 million to 28 whistleblowers since it launched in 2011.
