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Federal Court Rejects Wells Fargo’s Defense for Firing Whistleblower

As a regional bank executive for Wells Fargo, John Sotoodeh oversaw hundreds of branches in California and throughout the Southwest region. During his time at the multinational financial institution, a Read More

D.E. Shaw Pays $10 Million for Anti-Whistleblowing Language in Employee Agreements

Under the rules of the Securities and Exchange Commission (SEC), financial institutions cannot prevent their employees from contacting the SEC regarding improper activity they recognize as part of their work. Read More

What Three SEC Whistleblower Protection Actions Say About Employee Agreements

Three recent enforcement actions from the SEC underscore the importance of companies reviewing their employee agreements, especially in relation to whistleblower protection. All three cases targeted both private and public companies Read More

SEC Fines Nebraska Company for Violating Whistleblower Safeguards

The Securities and Exchange Commission (SEC) recently imposed a $225,000 fine on Monolith Resources, a privately held energy and technology company based in Lincoln, Nebraska. The company allegedly required departing Read More

SEC Settles Claim Against Video Service for Whistleblower Retaliation and Falsified Subscriber Counts

The U.S. Securities and Exchange Commission (SEC) announced in May that they had settled charges against Gaia, Inc., a Colorado-based company offering video subscription services in the wellness industry. The Read More

SEC Settles Enforcement Action Against Activision Blizzard

In February 2023, the Securities and Exchange Commission settled an enforcement action against Activision Blizzard Inc., a publicly traded video game company. The SEC accused Activision of failing to maintain Read More

Former Barclays Executive Asks Second Circuit to Hear Retaliation Claim

A former Barclays vice president has asked the Second Circuit to overturn a ruling in favor of Barclays, claiming he was shut out of meetings and fired after sounding an Read More

Whistleblower Receives Over $37 Million from SEC

The Securities and Exchange Commission awarded over $37 million to a whistleblower who came forward with information leading to a successful SEC enforcement action, and a related action. The SEC’s Office Read More

Whistleblower Nets $20 Million from the SEC

The Securities and Exchange Commission (SEC) has a Whistleblower Program, which encourages insiders to provide tips regarding wrongdoing. Qualified whistleblowers may receive anywhere from ten to 30 percent of the Read More

Findings From the 2022 SEC Whistleblower Program Report

The Securities and Exchange Commission (SEC) just released their Whistleblower Program report for the 2022 fiscal year. The Whistleblower Program incentivizes whistleblowers to report wrongdoing. The findings reveal that the Read More

SEC Fixes Flawed Provision in Whistleblower Rule

Investment and public interest groups applaud recent changes in Securities and Exchange Commission (SEC) rules. After previous efforts to weaken these rules, the SEC restored the regulations to better award Read More

SEC Considering Return to 30 Percent Awards for Corporate Whistleblowers

The U.S. Securities and Exchange Commission (SEC) recently proposed some changes to its whistleblower program that could potentially affect compensation received by whistleblowers through the program. Under the current rules, whistleblowers Read More

New Bill Would Create Shorter Wait Time for SEC Whistleblower Awards

The Whistleblower Program of the Securities and Exchange Commission (SEC) has been a significant success since its implementation in the Dodd-Frank Wall Street Reform Act, but there have been some Read More

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 Read More

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 Read More

SEC Considers Changes to Rules of its Whistleblower Program

On February 10, the U.S. Securities and Exchange Commission announced a pair of proposed changes to some of the rules that govern the agency’s successful whistleblower program. The proposed amendments are Read More

Viewing 1 - 16 out of 30 posts


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