Law360, New York (September 22, 2014, 1:58 PM EDT) -- The U.S. Securities and Exchange Commission announced on Monday that it expects to award more than $30 million to a whistleblower who provided key original information that led to a successful enforcement action, setting a new record for payouts received under the agency’s new Dodd-Frank powers.
The award, which will range from $30 million to $35 million, will be the largest made by the SEC’s three-year-old whistleblower office and the fourth made to a tipster living in a foreign country, the SEC said on Monday. The previous high for an SEC award to a whistleblower, announced in October 2013, was $14...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!