The U.S. Securities and Exchange Commission (SEC) has issued its largest-ever award of nearly $279 million to a whistleblower whose information helped the regulator's enforcement action, it said on Friday.
The regulator did not disclose the case concerned in its statement.
The award is more than double the $114 million it issued in October 2020.
As this award shows, there is a significant incentive for whistleblowers to come forward with accurate information about potential securities...
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Month: May 2023
$818,500 Owed to Inspector Fired for Reporting Sewage in Drinking Water
Instead of promoting the experienced inspector who detected why the city’s drinking water was sickening people and pets, the city of Delray Beach harassed her and fired her, an OSHA investigation found.
Last week, 15 months after marching Christine Ferrigan out of her office in front of co-workers, Delray Beach ratified a settlement to a whistleblower lawsuit that will pay Ferrigan $818,500.
That’s on top of the $1 million in civil money penalties Delray paid the Florida Department of Health-P...
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