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SEC Awards Whistleblower Largest Bounty Ever

The Securities & Exchange Commission announced Monday that it is awarding more than $30 million dollars to a confidential whistleblower who led federal officials to an internal fraud that officials say would otherwise have gone undetected. The Dodd-Frank Act, enacted in 2010, established a bounty program to reward employees who report wrongdoing to the SEC. You can read more about the details of this latest award (and the other developments under Dodd-Frank and Sarbanes-Oxley) in the blog post by our colleague, B&T litigation partner, Brian Casey.


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