Banks Face Increased Whistleblower Risk In 2014

Law360, New York (January 22, 2014, 5:30 PM EST) -- Big banks and other financial firms have one more potential headache in 2014 as the U.S. Securities and Exchange Commission begins to follow through on whistleblower tips, and that headache is only going to grow, a Wednesday report said.

The flood of potential whistleblower lawsuits could just be beginning this year, as whistleblower and plaintiffs firms have begun an aggressive campaign to get more tipsters from within financial firms and banks to provide evidence of wrongdoing to the SEC's Office of the Whistleblower, a Dodd-Frank Act...
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