SEC whistleblower program News

Tipster On Ericsson Won SEC’s Largest Ever $279M Whistleblower Award

The record $279 million whistleblower award issued by the U.S. Securities and Exchange Commission earlier this month stemmed from a bribery case against Swedish telecommunications company Ericsson, the Wall Street Journal reported on Friday. The award from the regulator’s cash-for-tip …

Tech Firms Try to Muzzle Workers With NDAs, SEC Tipsters Say

Some top US technology companies are forcing workers to sign allegedly illegal labor agreements, according to complaints filed with the Securities and Exchange Commission, despite years of enforcement by the agency against the practice. Firms, including an Apple Inc. subcontractor, …

Critics Hit SEC Revamp of Wall Street Whistleblower Program

A federal agency is moving with little fanfare to revamp one of the most successful whistleblower programs in the government, alarming advocates who warn the changes will set back efforts to police Wall Street and punish corporate fraud. Much like …

Supreme Court to Review Retaliation Protections for Whistleblowers

The U.S. Supreme Court agreed on Monday to take up a case that promises broad implications for when corporate insiders who blow the whistle on alleged misconduct can be shielded from retaliation by their employers. The justices will hear Digital …

SEC Awards $4 Million to Whistleblower

The Securities and Exchange Commission has awarded nearly $4 million to a whistleblower who tipped the agency with about serious misconduct and provided additional assistance during the ensuing investigation, including industry-specific knowledge and expertise. “Not only did this whistleblower step …

Monsanto Whistleblower Gets $22 Million

A former Monsanto Co. executive who tipped the U.S. Securities and Exchange Commission to accounting improprieties involving the company’s top-selling Roundup product has been awarded more than $22 million from the agency’s whistleblower program, the executive’s lawyer said on Tuesday. …

Whistleblower Tips, Award Amount Increased in 2014, Reports SEC

The U.S. Securities and Exchange Commission received more than 3,500 tips from whistleblowers in fiscal year 2014, the largest number received since the program went into effect three years ago. The SEC announced the increase in its Nov. 17 annual …