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Ex-RBS Unit Worker Loses SEC Whistleblower Bid At 2nd Circ.

By Dorothy Atkins (July 21, 2022, 9:04 PM EDT) -- The Second Circuit held Thursday that a former manager who reported the Royal Bank of Scotland Group PLC's alleged mortgage-backed securities misconduct to the U.S. Securities and Exchange Commission is not entitled to a whistleblower award for settlements totaling $10 billion that the bank later cut with other federal agencies....

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