SEC Actions Against Public Companies on Pace to Rise for Fourth Consecutive Year
In good news for potential SEC whistleblowers, since 2013 the number of SEC Enforcement actions against public companies and their related subsidiaries has been steadily rising.
According to a joint report issued two days ago by the NYU Pollack Center for Law & Business and Cornerstone Research (the “Report”), the total number of actions that the SEC brought against public companies and their subsidiaries from 2013-2015 were as follows:
- 2013: 41 total actions brought
- 2014: 55 total actions brought
- 2015: 84 total actions brought
In just the first half of 2016 alone, the SEC has already brought 43 enforcement actions against public companies and their subsidiaries. (Source: Figure 1 on page 2 of the Report.) That is already more than the total number of actions that the SEC brought against public companies and their subsidiaries in all of 2013.
These figures put the SEC on pace to bring 86 total enforcement actions against public companies and their subsidiaries this year. This would exceed the SEC’s totals from each of the past three years.
It would also be more than double the total number of enforcement actions brought against public companies and their subsidiaries in all of 2013.
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About the Pickholz Law Offices LLC
The Pickholz Law Offices LLC is a law firm that focuses on representing clients involved with investigations conducted by the U.S. Securities and Exchange Commission, FINRA, and other securities regulators.
The Pickholz Law Offices has represented employees, officers, and others in SEC whistleblower cases involving financial institutions and public companies listed in the Fortune Top 10, Top 20, Top 50, Top 100, Top 500, and the Forbes Global 2000. We were the first law firm ever to win an SEC whistleblower award for a client on appeal to the full Commission in Washington. Inside Counsel magazine named this achievement one of the five key events of the SEC whistleblower program. Examples of the Firm’s SEC whistleblower cases are available here.
In addition to representing SEC whistleblowers, since 1995 the Firm’s founder, Jason R. Pickholz, has also represented many clients in securities enforcement investigations conducted by the SEC, FINRA, the U.S. Department of Justice and US Attorney’s Offices, State authorities, and more. Examples of some of the many securities enforcement cases that Mr. Pickholz has been involved with are available here.
You can see what actual clients have had to say about The Pickholz Law Offices by going to the Client Reviews page on our website or by clicking here.
How to Contact the Pickholz Law Offices LLC
If you would like to speak with a securities lawyer or SEC whistleblower attorney, please feel free to call Jason R. Pickholz at 347-746-1222.
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