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Monthly Archives: October 2016

SEC Sets Records for Whistleblower Awards, Standalone Cases & FCPA Cases

Yesterday, the Securities and Exchange Commission (“SEC”) announced that it set several records during fiscal year 2016. According to the SEC’s press release, the SEC gave out $57 million in awards to SEC whistleblowers during FY2016.  Not only was this a record, but it was more than had been awarded to SEC whistleblowers “in all [...]

October 12th, 2016|Uncategorized|

SEC Brings 1st Stand-Alone Action for Retaliation Against an SEC Whistleblower

On Thursday, the Securities and Exchange Commission (“SEC”) imposed sanctions on International Game Technology (“IGT”) for retaliating against and firing an employee who blew the whistle on alleged accounting and financial statement frauds at IGT.  This is the second time that the SEC has brought an action against a public company for retaliating against an [...]

October 4th, 2016|Uncategorized|