In a Press Release dated May 2, 2017, the SEC announced the payment of a Whistleblower award in excess of one half million dollars to a company employee who provided specific information disclosing a fraudulent practice. In the release, the SEC stated that “the discovery of this fraud allowed us to better protect investors and the market place. We encourage insiders with information to bring it to our attention.”
We offer a free initial consultation to corporate staffers, employees and insiders who feel they may have knowledge of wrongdoing which may entitle them to a whistleblower award. For a free initial consultation contact the Law Offices of Timothy J. O'Connor at (518) 426-7700.