Topic
Whistleblower Program
178 published works
Proskauer Whistleblower Defense
Record-breaking $14m Payout Highlight of SEC’s Annual Report
By Lloyd B. Chinn, Harris Mufson, Jon Dueltgen
On November 15, 2013, the Securities and Exchange Commission’s (SEC) Office of the Whistleblower (OWB) released its third Annual Report on the Dodd-Frank Whistleblower Program to Congress, which details information…
The D&O Diary
Whistleblower Report Follow-On Securities Suit: We’ll Be Seeing More of These
On October 30, 2013, the SEC announced another whistleblower bounty award under the Dodd-Frank whistleblower program. Although the size of this latest award ($150,000) is relatively modest compared to the…
The D&O Diary
Has the Whistleblower Moment Arrived? SEC Awards Whistleblower More Than $14 Million
It is not the first whistleblower award under the Dodd Frank Act’s whistleblower bounty program but the “more than $14 million” award to an anonymous whistleblower that the SEC…
Class Action Countermeasures
Whistleblowing and Superiority – Better Bounty Hunting
By The Editors
It's an odd quirk of class action practice that an automotive company defending a products-liability class will be quick to invoke the superiority of its regulator (the National Highway Traffic…
Proskauer Whistleblower Defense
Show Me The Money? Wall Street Journal Reports That A Big Pay Day For Whistleblowers “May Take A While”
By Steven J. Pearlman, K.M. Zouhary
A recent Wall Street Journal article (subscription required) quoted Michele Wein Layne, Regional Director of the LA office of the SEC, when she addressed the SEC’s Office of the Whistleblower…
The D&O Diary
Will Obstacles Deter the SEC’s Dodd-Frank Whistleblower Program?
Whistleblower information may be one of the SEC’s “most effective weapons in its new enforcement arsenal,” but the agency’s whistleblower program “faces challenges on many fronts,” according to an April…
Securities Compliance Sentinel
You Can Blow the Whistle too According to the SEC
The SEC's Division of Enforcement is performing well according to its departing director. The soon to be ex-Enforcement Director credits this strength to his re-organization of the Division based on…
Securities Compliance Sentinel
Whistleling While You Work Seems to Be Helping the SEC
The SEC's Whistleblower Office received 3,001 tips last year, involving a number of different areas and from all over the United States and the world. The SEC views the program as…
Proskauer Whistleblower Defense
Senator Grassley’s Harsh Criticisms Of IRS Whistleblower Program Implementation
By Michael J. Graham, Steven J. Pearlman, Harris Mufson
On January 28, 2013, in a letter to the Internal Revenue Service (IRS) and the U.S. Department of Treasury (Treasury), Senator Charles Grassley (R-IA), co-author of the 2006 updates to…
Global Regulatory Enforcement Law Blog
Dodd Frank Whistleblower Report
By John Tan
Yesterday, November 15, the SEC issued its 2012 whistleblower report. A total of 115 (3.8%) tips were FCPA related. Additionally, 324 tips (10.8% of total) originated from overseas. The top…