{"id":5784,"date":"2015-04-30T00:00:00","date_gmt":"2015-04-30T05:00:00","guid":{"rendered":"https:\/\/institutionalinvestorsecuritiesblog.blawgcloud.com\/2015\/04\/more_than_600k_whistleblower_a"},"modified":"2022-05-06T14:55:19","modified_gmt":"2022-05-06T19:55:19","slug":"more-than-600k-whistleblower-a","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/more-than-600k-whistleblower-a\/","title":{"rendered":"More than $600K Whistleblower Award to Be Issued in SEC\u2019s First Retalitation Case"},"content":{"rendered":"

The Securities and Exchange Commission will award a whistleblower more than $600,000 for providing original information that resulted in a successful enforcement action. That\u2019s 30% of the total monies collected related to the case, <\/p>\n

In the Matter of Paradigm Capital Management, Inc. and Candace King Weir<\/em>. It\u2019s also the maximum percentage of funds that a whistleblower can get in in such an action.<\/p>\n

The Commission charged Paradigm with taking retaliatory action against the whistleblower for reporting the possible misconduct. Retaliatory actions included removing the person from their position and changing their job duties, making the individual investigate the wrongdoing that was alleged, and other acts that caused the whistleblower to feel marginalized.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

The Securities and Exchange Commission will award a whistleblower more than $600,000 for providing original information that resulted in a successful enforcement action. That\u2019s 30% of the total monies collected related to the case, In the Matter of Paradigm Capital Management, Inc. and Candace King Weir. It\u2019s also the maximum percentage of funds that a […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3761,3938],"tags":[],"class_list":["post-5784","post","type-post","status-publish","format-standard","hentry","category-securities-and-exchange-commis","category-whistleblowers"],"yoast_head":"\nMore than $600K Whistleblower Award to Be Issued in SEC\u2019s First Retalitation Case — Investor Lawyers Blog — April 30, 2015<\/title>\n<meta name=\"description\" content=\"The Securities and Exchange Commission will award a whistleblower more than $600,000 for providing original information that resulted in a successful — April 30, 2015\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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