Jason Zuckerman, Matthew Stock, Author at Zuckerman Law

SEC Whistleblower Program: What type of evidence should I provide to the SEC?

The best way to make your tip useful is to provide specific, timely, and credible information. As noted in an annual report of the … Continued

SEC Whistleblower Program: How long does it take to receive an award?

Timeline to Receive an SEC Whistleblower Award The amount of time it takes to receive an SEC whistleblower award varies significantly from one case … Continued

SEC Whistleblower Program: What happens after I submit a tip to the SEC?

The Office of Market Intelligence (“OMI”) evaluates incoming tips, complaints, or referrals (known as “TCRs”). At least two SEC attorneys evaluate each TCR submitted. Specific, credible, … Continued

SEC Whistleblower Program: What violations qualify for an SEC whistleblower award?

Whistleblowing About Violations of the Federal Securities Laws Any violation of the federal securities laws qualifies for an SEC whistleblower award. The SEC has … Continued

SEC Whistleblower Program: What employment protections are available for SEC whistleblowers?

The Dodd-Frank Act, which created the SEC Whistleblower Program, prohibits retaliation against whistleblowers for raising concerns about potential securities law violations. Remedies for a … Continued

SEC Whistleblower Program: What factors does the SEC consider when determining the amount of an SEC whistleblower award?

How the SEC Determines the Amount of an SEC Whistleblower Award Many factors affect the amount of an award. The SEC may increase the amount of … Continued

SEC Whistleblower Program: Can I submit an anonymous tip to SEC Whistleblower Office?

Anonymous Tips to the SEC Whistleblower Office Yes, a whistleblower can submit an anonymous tip to the SEC Whistleblower Office and be eligible for an … Continued

SEC Whistleblower Program: How might information about securities law violations “lead to” a successful SEC enforcement action?

Information “leads to” a successful SEC action if it causes the SEC to: Open an investigation (even if the information ultimately does not have a strong … Continued

SEC Whistleblower Program: What is considered “original information” to qualify for an award?

Original information qualifying for an SEC Whistleblower Award “Original information” is information that is not already known to the SEC. Thus, if another whistleblower … Continued

SEC Whistleblower Program: Do I have to report a securities law violation to my company before reporting the violation to the SEC?

In determining whether to report internally prior to reporting to the SEC, a whistleblower should consult with counsel to determine the optimal path forward … Continued

SEC Whistleblower Program: Can compliance personnel, auditors, officers or directors qualify for an SEC whistleblower award?

Compliance Personnel, Auditors, Officers, and Directors Can Obtain SEC Whistleblower Awards Compliance personnel, including internal auditors, external auditors, officers, and directors, may incorrectly assume that they are not … Continued