Law360, New York ( March 18, 2015, 1:37 PM EDT) -- On March 2, 2015, the U.S. Securities and Exchange Commission announced its first ever whistleblower award under the Dodd-Frank Wall Street Reform and Consumer Protection Act to a former company officer who learned of a violation of the U.S. securities laws as a result of another employee reporting misconduct through corporate and compliance channels.[1] According to the SEC's March 2, 2015, press release, the former corporate officer will receive between $475,000 and $500,000 from the government for reporting what the SEC deemed original, high-quality information about a securities fraud that resulted in enforcement sanctions against the company in excess of $1 million.[2]...
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.