SEC awards whistleblower $1.8 million


The SEC said last week it paid almost $2 million to three whistleblowers. The biggest award -- about $1.8 million -- went to one of the whistleblowers.
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The SEC said last week it paid almost $2 million to three whistleblowers. The biggest award -- about $1.8 million -- went to one of the whistleblowers.
Image courtesy of KBRThe Securities and Exchange Commission announced its first enforcement action Wednesday against a company for using restrictive language in confidentiality agreements that could illegally stifle whistleblowing.
The Securities and Exchange Commission said Friday a whistleblower award of more than $300,000 went to a company audit and compliance employee who complained to the SEC after the company didn't act on the same information.