Potential Lawsuit: SEC Fraud Whistleblower Lawsuit News & Legal Information

Under the SEC Whistleblower program, a successful whistleblower lawsuit can award a whistleblower of 10-30 percent of the amount the SEC recovers in sanctions, depending upon the quality of information provided to defraud government. Since the Securities and Exchange Commission (SEC) implemented the Whistleblower Program, it has seen a considerable increase in complaints. The program also protects whistleblower rights and prohibits retaliation. Blowing the whistle can get very complicated, so if you plan to “blow the whistle’, first seek advice from a whistleblower attorney. If you wait too long or go to the FBI alone, there is a chance that you could miss a claim and whistleblower award, or even worse, risk being found complicit in the fraud. [Original Article]