The Securities and Exchange Commission today announced that sham hedge fund whistleblower (three people) have been awarded more than $25,000 to date. This is the first of anticipated payments to the whistleblowers in which they will receive approximately $125,000 in total. The case had related criminal proceedings in which money […]
Daily Archives: December 18, 2013
The Securities and Exchange Commission announced an award of more than $14 million award to a whistleblower whose information led to an SEC enforcement action that recovered substantial investor funds. Payments to whistleblowers are made from a separate fund previously established by the Dodd-Frank Act and do not come from […]