{"id":6905,"date":"2019-04-05T16:13:30","date_gmt":"2019-04-05T21:13:30","guid":{"rendered":"https:\/\/www.investorlawyers.com\/?p=6905"},"modified":"2019-04-05T16:13:30","modified_gmt":"2019-04-05T21:13:30","slug":"latest-sec-whistleblower-award","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/latest-sec-whistleblower-award\/","title":{"rendered":"Latest SEC Whistleblower Award is $50 Million | Securities Fraud Attorney"},"content":{"rendered":"<p>\t\t\t\tThe <a href=\"https:\/\/www.sec.gov\">US Securities and Exchange Commission (SEC)<\/a> has awarded $50M to two individuals who acted as <a href=\"https:\/\/www.investorlawyers.com\/?s=whistleblower\">whistleblowers<\/a>, helping the regulator to render a successful enforcement action because of the quality information they provided. Details of the enforcement action and the identity of the whistleblowers are not disclosed so as to protect their identities. However, the SEC did announce that one of the whistleblower awards is for $37M and the other is for $13M.<\/p>\n<p>The SEC awards individuals that voluntarily share unique, credible, timely, and relevant information that then leads to a successful enforcement action when the resulting monetary sanctions imposed is more than $1M. 10-30% of that may then be awarded to the SEC whistleblower\u00a0, or in some case, the whistleblowers.<\/p>\n<p>Since the inception of the <a href=\"https:\/\/www.sec.gov\/whistleblower\/claim-award\">SEC whistleblower program<\/a> in 2012, the regulator has awarded 61 individuals about $376M. All whistleblower awards come out of an investor protection fund set up by Congress. Money in the funds come out of monetary sanctions that have been paid to the Commission. Whistleblower awards are never taken out of any funds that investors who sustained losses from fraud might be able to recover.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.investorlawyers.com\/blog\/latest-sec-whistleblower-award\/\"  title=\"Continue Reading Latest SEC Whistleblower Award is $50 Million | Securities Fraud Attorney\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The US Securities and Exchange Commission (SEC) has awarded $50M to two individuals who acted as whistleblowers, helping the regulator to render a successful enforcement action because of the quality information they provided. Details of the enforcement action and the identity of the whistleblowers are not disclosed so as to protect their identities. However, the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6622,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3810,3761,4057,3938],"tags":[3014,3354],"class_list":["post-6905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cftc","category-securities-and-exchange-commis","category-whistleblower-lawsuits","category-whistleblowers","tag-sec-whistleblower-awards","tag-whistleblower-lawsuit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Latest SEC Whistleblower Award is $50 Million | Securities Fraud Attorney &#8212; Investor Lawyers Blog &#8212; April 5, 2019<\/title>\n<meta name=\"description\" content=\"Read about the latest SEC whistleblower award which has been awarded to two individuals, receiving a total of $50 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/latest-sec-whistleblower-award\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Latest SEC Whistleblower Award is $50 Million | Securities Fraud Attorney &#8212; Investor Lawyers Blog &#8212; April 5, 2019\" \/>\n<meta name=\"twitter:description\" content=\"Read about the latest SEC whistleblower award which has been awarded to two individuals, receiving a total of $50 million.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.investorlawyers.com\/blog\/wp-content\/uploads\/2018\/10\/10.18.18.jpeg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Latest SEC Whistleblower Award is $50 Million | Securities Fraud Attorney &#8212; Investor Lawyers Blog &#8212; April 5, 2019","description":"Read about the latest SEC whistleblower award which has been awarded to two individuals, receiving a total of $50 million.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/latest-sec-whistleblower-award\/","twitter_card":"summary_large_image","twitter_title":"Latest SEC Whistleblower Award is $50 Million | Securities Fraud Attorney &#8212; 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