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SEC whistleblower awards range from 10 to 30 percent of fines collected, so presumably this was in exchange for information about a case that led to collections
by TechBro8615 3y ago
SEC whistleblower awards range from 10 to 30 percent of fines collected, so presumably this was in exchange for information about a case that led to collections somewhere in between the range of $920 million to $2.79 billion. Assuming the SEC has already published the successful prosecution of the underlying case, you can probably figure out which one it was. And I bet the total was a nice even multiple of 2.79.
- xmcqdpt2 3y agoThey had a good year, https://www.sec.gov/news/press-release/2022-206 https://www.sec.gov/news/press-release/2022-206 They hit the banks for 1.2B$ for using personal devices to conduct business communications, maybe that's the whistle?