Whistleblower
Advocates
Award Winning Attorneys
SEC WHISTLEBLOWER PROGRAM
SEC Whistleblower Awards to Date
Established by the Dodd-Frank Act in 2010, the SEC’s bounty program grants eligible whistleblowers 10-30% of monetary sanctions levied by the SEC in an enforcement action where total sanctions exceed $1 million.
In our list of whistleblower bounties granted to date, we do more than just tell you an award amount. We want our clients & friends to know what factors contributed to the tipster’s success, and to provide key documents issued by the SEC for each award. For additional information, learn more about how the SEC whistleblower award process works.
| Amount Awarded | Date | Description | Factors | Key Docs |
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| 3.5M | 5/13/2016 | The whistleblower, a company employee, provided information and materials about possible securities violations that bolstered an ongoing investigation and related settlement negotiations. The Commission noted that the information significantly contributed to the success of the enforcement action. |
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| 3.2M | 4/23/2021 | While the percentage was not disclosed, this award was less than the statutory maximum as the SEC found that Claimant unreasonably delayed in reporting the wrongdoing. However, the SEC was unaware of such wrongdoing prior to Claimant's tip, which apparently was highly focused and conserved SEC resources. |
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| 3M | 7/17/2015 | A whistleblower, who was a company insider, provided the SEC with specific and detailed information that comprehensively laid out the complex fraudulent scheme, which would have been very difficult for the Staff to detect otherwise. The monetary award was increased because his/her tip also led to other successful "related actions." |
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| 3M | 6/03/2019 | Two whistleblowers provided information that resulted in an investigation and related successful enforcement action, involving violations that impacted retail investors. The Staff noted the whistleblowers tenacious internal reporting and assistance with the investigation. The Commission noted that the voluntary requirement had not been met, but they waived this procedural requirement because they believed it to be in the public interest. |
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| 3M | 6/14/2021 | Claimants' tips helped the SEC focus its resources and theories, and helped uncover misappropriated funds and fraudulent transfers, respectively. |
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| 2.5M | 7/24/2017 | Whistleblower was an employee of a domestic government agency who provided a timely tip and continued assistance, including testimony, that helped launch and accelerate an SEC investigation, leading to successful enforcement action.. |
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| 2.5M | 9/01/2020 | The SEC awarded two of our clients more than $2.5 million for their detailed submissions regarding securities violations committed by Orthofix, which led to multiple successful actions. |
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| 2.5M | 4/09/2021 | The SEC determined to adopt the recommendation of its Claims Review Staff and provide this award based on Claimant/whistleblower's extensive contributions including, inter alia, ongoing assistance and a significant law enforcement interest in the reported information. |
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| 2.4M | 9/21/2020 | The SEC awarded a whistleblower $2.4 million for information that helped the agency bring an enforcement action that stopped ongoing misconduct. |
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| 2.2M | 4/05/2018 | The whistleblower, a former company insider, provided information to another federal agency and later reported the possible securities violation to the Commission resulting in a successful enforcement action. This was the first whistleblower to use the Rule 21F-4(b)(7), which treats information provided to another federal information, as if reported directly to the SEC, if the whistleblower subsequently reports it to the Commission within 120 days. |
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Balance of Investor Protection Fund From Which Awards Are Paid (as of FY2021)
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SEC Whistleblower Awards Paid (As of FY2021)
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Number of SEC whistleblower submissions in FY2021
