SEC awards $500K to whistleblower
The SEC today awarded a whistleblower more than $500,000 for reporting information that prompted an investigation into misconduct that resulted in an enforcement action. It is the second whistleblower award announced by the SEC in the past week.
Related articles
-
Article
Debate over whistleblowers and their protections takes center stage
The SEC has taken great pains to encourage, reward, and protect whistleblowers. Have they done so to the detriment of public companies?
-
ArticleEmployee faith in whistleblowing programs wanes when companies act selectively
Whistleblowing hotlines are rightly championed as valuable tools for employees and even third parties to raise concerns about corporate conduct. But it seems some complaints may be acted upon more keenly than others, particularly if blame can be pinned to one individual and any potential fallout can be ring-fenced.
-
ArticleFormer startup CEO gets 7 years in prison for $175M fraud against JPMorgan Chase
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.