SEC Issues First Whistleblower Award (small but at least it is a start)
August 21, 2012 | Posted By: Hoyer Law Group, PLLC
Washington, D.C., Aug. 21, 2012 — A whistleblower who helped the Securities and Exchange Commission stop a multi-million dollar fraud will receive nearly $50,000 — the first payout from a new SEC program to reward people who provide evidence of securities fraud. The award represents 30 percent of the amount collected in an SEC enforcement action […]
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