PRESS RELEASE
29 September 2021

SEC Announces $36 Million Award To Whistleblower

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Proskauer Rose LLP

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On September 24, 2021, the SEC announced an approximately $36 million award to a whistleblower who provided critical information to the SEC that contributed to a successful enforcement action. (The order granting the award can be accessed here.)
United States
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On September 24, 2021, the SEC announced an approximately $36 million award to a whistleblower who provided critical information to the SEC that contributed to a successful enforcement action.  (The order granting the award can be accessed here.)

Emily Pasquinelli, Acting Chief of the SEC's Office of the Whistleblower noted that "[w]histleblowers can act as a springboard for an investigation or, like here, they can propel forward an already existing investigation."

Since issuing its first whistleblower award in 2012, the SEC has awarded approximately $1.1 billion to 214 individuals.

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PRESS RELEASE
29 September 2021

SEC Announces $36 Million Award To Whistleblower

United States

Contributor

The world’s leading organizations and global players choose Proskauer to represent them when they need it the most. Our top tier team of star trial attorneys, acclaimed transactional lawyers and exceptionally talented partners and associates have earned a reputation for the relentless pursuit of perfection and a dauntless pursuit of success.
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