Whistleblower
Advocates
Award Winning Attorneys
The truth is, of the 7,000 or so submissions the SEC receives each year, the lion’s share never even make it to an investigative team. (Sidebar: our submissions usually do.) Nearly half of those denials didn’t make the cut because the submissions didn’t follow the program rules.
This keeps us awake at night.
| Date | Description | Denial Justification | Key Docs |
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| 2/19/2021 | The SEC did not specify a reason for the denials of awards to two Claimants, who did not appeal. |
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| 2/12/2021 | Claimant’s information had previously been reported by the relevant company and thus was already known to the SEC. It appears Claimant internally reported first but did not subsequently report to the SEC within the “safe harbor” of 120 days. |
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| 1/25/2021 | The SEC found that its investigative staff never communicated with or received any information from these two Claimants. |
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| 1/22/2021 | The SEC found that Claimant’s information was only reviewed during the course of a separate investigation and did not contribute to the success of the Covered Action |
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| 1/14/2021 | Award denied to Claimant whose tip had no nexus to and no allegations concerning the Respondents charged in the Covered Action. |
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| 1/13/2021 | According to the SEC’s Order, Claimants information was vague, inferior to information already in the agency’s possession, and not utilized in the Covered Action. |
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| 1/07/2021 | The applications of two joint Claimants, as well as a third Claimant who did not appeal, were denied. The SEC’s Order states that the joint Claimants’ information could not be substantiated and was not utilized or considered in connection with the Covered Action. |
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| 1/07/2021 | The SEC did not specify its reason for denying Claimant's application as to one Covered Action. It merely noted the denial and Claimant’s non-appeal. |
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| 12/22/2020 | The SEC did not specify a reason for its denial of this Claimant's application. It merely noted the denial and Claimant’s non-appeal, in an Order providing an award to a different Claimant. |
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| 12/18/2020 | The SEC did not specify a reason for its denial of this Claimant's application. It merely noted the denial and Claimant’s non-appeal, in an Order providing an award to a different Claimant. |
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