SEC Awards More Than $14 Million To Whistleblower
- October 04, 2013 by Qui Tam
- Federal False Claims Act
The SEC has awarded more than $14 million to a whistleblower whose information led to an SEC enforcement action that recovered substantial investor funds. This payment – the largest to date made by the SEC’s whistleblower program – comes from a separate fund previously established by the Dodd-Frank Act and does not reduce the amount paid to harmed investors.
For more information, please see:
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1370539854258