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SEC Awards Approximately $6 Million to Five Whistleblowers

On April 25, the U.S. Securities and Exchange Commission issued whistleblower awards to two groups of recipients comprising five total whistleblowers. According to the SEC, both of these group sof whistleblowers significantly assisted in cases by providing information and ongoing assistance that ultimately led to the success of the same enforcement action taken. The first Read More

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SEC Issues $14 Million Whistleblower Award

The U.S. Securities and Exchange Commission (SEC) recently issued a $14 million award to a whistleblower who published an online report that exposed ongoing fraud. That whistleblower shared the same information days later with the SEC. They were proactive in reaching out to the staff and assisting the commission in opening an investigation that resulted Read More

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SEC Issues Whistleblower Awards Totaling $3 Million

The U.S. Securities and Exchange Commission (SEC) recently issued three separate whistleblower awards totaling approximately $3 million. According to the commission, each of these awards featured whistleblowers who voluntarily provided the agency with information that led to a successful enforcement action. The first case resulted in a $1.5 million award to a whistleblower who provided Read More

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SEC Issued 11 Whistleblower Awards in January Alone

January was a busy month for the U.S. Securities and Exchange Commission. According to the agency, it issued 11 whistleblower awards in the first month of 2022. This year marks the 10th anniversary of the first whistleblower awards issued in the SEC’s whistleblower program in 2012. Since the program was founded it has awarded $1.2 Read More

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SEC Whistleblower Program Surpasses $1 Billion Threshold

The SEC whistleblower program achieved a significant milestone at the beginning of September when it surpassed a total of $1 billion in awards. The agency announced this first whistleblower award in 2012, and since that time has seen steady increases in the amount of money it provides in awards to whistleblowers. As of early September, Read More

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Early January SEC Whistleblower Awards Total More than $1.1 Million

On Thursday, January 7, The U.S. Securities and Exchange Commission (SEC) announced three whistleblower awards to five recipients that totaled more than $1.1 million. According to a statement released by the agency, each of the whistleblowers provided high-quality, unique information that led to multiple enforcement actions. The first award totaled approximately $500,000 and went to Read More

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Joint SEC Whistleblowers Share Award of More Than $6 Million

The U.S. Securities and Exchange Commission (SEC) recently announced an award of more than $6 million to be shared by a pair of whistleblowers who provided the agency with information that led to a successful enforcement action, and related actions by other government agencies. According to the SEC, the substantial assistance provided by the whistleblowers Read More

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SEC Awards $27 Million to Whistleblower

April 2020 was a busy month for the SEC’s Office of the Whistleblower and its whistleblower award program. The headline award of the month was a $27 million award to a single whistleblower, which ranks among the larger awards given out by the SEC since the inception of its program. The award also helped the Read More

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SEC Awards $4 Million to Whistleblower Who Alerted Agency to Fraud

The U.S. Securities and Exchange Commission (SEC) has provided an award of $4 million to a whistleblower who provided the federal agency with information related to a major instance of fraud. The SEC does not disclose much information related to its whistleblower awards, and it is careful to hold back any information that could reveal Read More

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Whistleblower Receives $750,000 Award from SEC

In a recent case, the U.S. Securities and Exchange Commission (SEC) awarded a Winnetka, Illinois man with a $750,000 award for his role in alerting authorities to securities law violations on the New York Stock Exchange. The man first raised concerns about these violations in 2010. At the time, he had discovered data that he Read More

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In his new book, "Standing Up to China: How a Whistleblower Risked Everything for His Country," former client & Author, Ashley Yablon, quotes Attorney Steve Kardell about Whistelblower Law.
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  • "Steve Kardell was terrific in representing me in some very adversarial discussions with Citigroup and also later represented me in my testimony before the Financial Crisis Inquiry Commission."  -Richard Bowen, Citigroup Whistleblower

  • "Incredible knowledge of employee related concerns and equally brilliant knowledge of health care regulations, standards of practice. I would recommend this firm to anyone."  -V.B.

  • "Reaching out to Steve Kardell was the best decision I made. His ability to provide immediate insight and direction was very powerful, and a huge relief during a very stressful time period. For anyone struggling with a whistleblower situation, I would highly recommend at least speaking with Steve. After a 10 minute call with him, I had a better understanding of what I was dealing with. Even better, he gave me some immediate hope. In the end Steve did a better job than I thought was possible. Steve was able to get in contact with people in my organization, that I didn’t have access to. Because of his years of experience, he already has contacts in many organizations in Dallas. The entire situation was handled peacefully. I was impressed by his ability to “keep the peace”–rather than creating a battle with the organization. The reason I didn’t reach out to a lawyer initially, was because I thought it would mean an immediate end to any hope of a positive relationship with the company. Steve was able to address my concerns, and in the end I was able to continue to work for them."  -KS

  • "Never thought my career would end like it did after 30 years of service. I was part of the first round of the so called reduction of force. I asked myself how can I be part of this with 30 years of seniority. How did they pick these 90 plus employees? Now, the culture of this organization made you question every decision they made. It wasn’t what you knew it’s was a culture of who you know. Nonetheless, I did not accept their severance package. I immediately starting looking for an attorney who would take on my case. After the initial call to Steve I had hope again. He was open and honest about everything and reassured me he would do his best for me, and he did. I had an awesome outcome. Thanks Steve you’re the best."  -S.S.