Category: SEC Whistleblower

ATTORNEY NEWSLETTER Commodity Futures Trading Commission Wants Whistleblower Help Commission Issues $2 Million Reward Recently, the Commodity Futures Trading Commission (CFTC) announced a whistleblower award of $2 million to a whistleblower who blew the whistle on violation of commodities trading regulations.[1] The CFTC is the government agency that oversees commodities […]

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). The information must be original and cannot be derived from publicly […]

ATTORNEY NEWSLETTER New Ponzi Schemes Years after the Bernie Madoff Ponzi scheme was discovered, such fraudulent pyramid schemes are very much still around. And some go on as long as Madoff’s.  In a complaint filed last week against broker dealer Securities America, one family of victims alleges a Securities America […]

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 False Claims Act Cases and Alternate Remedies Whistleblowers/Relators Can Share in Criminal Forfeitures Under the False Claims Act (FCA), the federal government rewards whistleblowers who present credible, original information of false claims made to government agencies for payments and reimbursements. The cases are known as qui tam cases […]

ATTORNEY NEWSLETTER New Ponzi Schemes Years after the Bernie Madoff Ponzi scheme was discovered, such fraudulent pyramid schemes are very much still around. And some go on as long as Madoff’s.  In a complaint filed last week against broker dealer Securities America, one family of victims alleges a Securities America […]

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). The information must be original and cannot be derived from publicly […]

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 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 New Ponzi Schemes Years after the Bernie Madoff Ponzi scheme was discovered, such fraudulent pyramid schemes are still very much around. Recently, the government arrested three men who posed as investors hawking what turned out to be a $364 million Ponzi scheme.[1] The California securities fraud attorneys at […]