The Securities and Exchange Commission (SEC) on Dec. 5 announced a whistleblower award of more than $4.1 million to a former company insider who alerted the agency to a “widespread, multi-year securities law violation.” The SEC said that after initially contacting the agency about the alleged violations, the whistleblower continued to provide important information and assistance to the SEC throughout its investigation. The whistleblower was the third awarded by the SEC in less than a week’s time. Jane Norberg, Chief of the SEC’s Office of the Whistleblower, said that whistleblowers are instrumental in helping federal regulators finding and investigating violations of securities ... Read More
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