Barr v. SEC

Track this case

Case Number:

23-60216

Court:

Appellate - 5th Circuit

Nature of Suit:

Government Agencies

  1. December 14, 2023

    SEC Says Ch. 11 Windfalls Not Open To Whistleblower Awards

    A $38.7 million judgment shouldn't be the baseline for two whistleblower award calculations, the U.S. Securities and Exchange Commission told the Fifth Circuit, adding funds distributed in a Chapter 11 case fall outside of possible whistleblower collections.

  2. October 17, 2023

    SEC Should Redo Measly Whistleblower Awards, 5th Circ. Told

    Two whistleblowers have urged the Fifth Circuit to make the U.S. Securities and Exchange Commission increase the awards they received for helping the agency with a securities fraud case, arguing the SEC used the target firm's bankruptcy to justify giving them just $26,000 combined in an action that collected more than $1 billion.