March 25, 2022/US SEC The Securities and Exchange Commission today announced an award of $1.25 million to a whistleblower who provided specific and credible information that prompted SEC staff to open an investigation that resulted in a successful SEC covered action. After alerting SEC staff to the underlying conduct, the […]
Frauds & Scandals
SEC Issues Awards Totaling Approximately $3 Million to Three Whistleblowers
March 18, 2022/US SEC The Securities and Exchange Commission today announced three awards totaling approximately $3 million to whistleblowers who provided information and assistance in three separate covered actions. In the first order, the SEC issued an award of approximately $1.5 million to a whistleblower who provided new information that […]
SEC Charges Call Center Operators in $58 Million Penny Stock Scheme
March 17, 2022/US SEC The Securities and Exchange Commission announced fraud charges against five individuals for allegedly operating a call center in Medellin, Colombia, which used high pressure sales tactics and made false and misleading statements to retail investors to convince them to buy the stocks of small companies trading […]
