Category: CFTC Whistleblower

ATTORNEY NEWSLETTER Securities and Exchange Commission Pays Out Millions in Whistleblower Awards Fiscal Year 2018 was a record-breaking year for the U.S. Securities and Exchange Commission’s (SEC) whistleblower program, both in amounts recovered and rewards to whistleblowers. In fact, the SEC awarded more dollars in 2018 ($168 million) to whistleblowers […]

ATTORNEY NEWSLETTER Securities and Exchange Commission Pays Out Millions in Whistleblower Awards Whistleblower information about securities law violations can result in big rewards for the whistleblower when the whistleblower brings the information to the Securities and Exchange Commission (SEC). Since 2011, the SEC has paid out hundreds of millions of […]

ATTORNEY NEWSLETTER Government Recovers Over $2.8 Billion Whistleblowers Lead Recovery Efforts Whistleblowers Initiated 75% of All Government FCA Recoveries Whistleblowers carry the laboring oar in enforcing laws against false claims to the government. Of the $2.8 billion recovered by the government in 2018 in False Claims Act (“FCA”)[1]cases, $2.1 billion, […]

ATTORNEY NEWSLETTER Securities and Exchange Commission Pays Out Millions in Whistleblower Awards Whistleblower information about securities law violations is one of the most powerful weapons protecting consumers from securities fraud in this country. Through their knowledge of the circumstances and individuals involved, whistleblowers help authorities identify possible fraud and other […]

ATTORNEY NEWSLETTER Tesla Whistleblowers File Embattled Tesla Denies the Claims Over this past summer, two former Tesla employees filed formal tips with the U.S. Securities and Exchange Commission (SEC) alleging misrepresentations and omissions by the automobile manufacturer in information provided investors.[1]  Both tipsters claim they were fired by Tesla in […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Wants Whistleblower Help Commission Issues Record Rewards In the past month alone, the Commodity Futures Trading Commission (CFTC) announced record whistleblower awards of $75 million to whistleblowers who blew the whistle on commodities trading scams.[1] The CFTC is the government agency that oversees commodities […]

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Wants Whistleblower Help Commission Offers Rewards There’s a lot of hype these days about money to be made in trading virtual currencies and digital tokens like Bitcoin  Be careful with these investments.  Do not purchase digital coins or tokens based on social media tips […]

ATTORNEY NEWSLETTER The $78 Million Man Whistleblower awards just keep growing. The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) announced this week that an investigative whistleblower will receive a combined award of $78 million for information he provided that a large national bank steered customers to […]