SEC Whistleblower Lawyer Blog
A whistleblower has just received a combined SEC award of more than $50 million. According to the heavily-redacted SEC award order document, the individual whistleblower received this bounty as combined percentages of awards from to three covered actions and a related action. The individual was a senior employee of the company involved and reported the misconduct after leaving their employment.
This whistleblower provided information, ongoing assistance throughout the investigation, multiple meetings with SEC staff and another unnamed agency, along with sworn testimony.
- Covered Action 1 involved a cease-and-desist order against a company after the SEC discovered that it was misleading investors about its successes in public statements and disclosures. The SEC discovered that these were false statements that claimed financial successes. Additionally, the company was engaged in fraudulent and unauthorized activities. The company paid a civil penalty to settle this action.
- Covered Action 2 included a cease and desist regarding a former executive who knew or should have known about the company’s misleading and false statements. This executive learned about the business unit’s misconduct and that it presented a conflict with the company’s public statements. This covered action saw the executive pay a civil penalty to settle this action.
- Covered Action 3 was a litigated action against a second former executive who publicly made statements about the company that were known to be “materially false and misleading.” This executive neither admitted nor denied these allegations, paid both a civil penalty as well ordered to pay an additional amount to settle the action.
Claims by several other joint claimants were denied by the Claims Review Staff.
Retaining Experienced SEC Whistleblower Attorneys
Whistleblowers help everyone by notifying the SEC of conduct that harms the investing public, while also earning financial compensation for themselves. Hiring experienced SEC counsel may greatly increase the probability that the SEC will initiate an investigation based on your information. If you wish to remain anonymous, you must be represented by an attorney, who will submit everything on your behalf.
Silver Law Group and the Law Firm of David R. Chase jointly have experienced SEC whistleblower lawyers, including a former SEC Enforcement attorney on the team, so you will always have guidance throughout the process. Our SEC whistleblower attorneys can help you if you have information regarding securities or investment fraud, violations of federal securities laws, false filings, market manipulation, or other misconduct. You must provide timely, credible, and original information or analysis to be eligible.
Amongst other successes, our team of lawyers represented an SEC whistleblower who earned a nearly 20 million dollar SEC whistleblower award in 2026.
Contact us through our online form or at (800) 975-4345 for a consultation. Our attorneys work on a contingency fee basis. This means that it costs you nothing to hire us, and we collect our fees only if you receive an SEC bounty. Because we get paid when you do, we have the incentive to help you collect the maximum award available.