SEC Rewards Ex-Employees More Than $8 Million for Reporting Employer Misconduct
Last week the Securities and Exchange Commission said it will pay a former company employee who reported potential securities law violations between $5 million and $6 million — the third-largest award to date under the SEC’s whistleblower program. The tipster at the unnamed company had alerted the SEC to violations of securities law that the SEC had no way of detecting, according…