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“Deutsche Bank Whistleblowers Lose Bid to Force SEC Awards”

In a Bloomberg Law article, Phillips & Cohen partner Erika Kelton explains some ramifications of an important ruling against SEC whistleblowers in the Deutsche Bank case. Deutsche Bank settled with the SEC in 2015 for $55 million.

The court’s opinion underscores the importance of tipsters giving the commission information that’s clear, compelling, and timely, said Erika Kelton, a Phillips & Cohen LLP partner who represents whistleblowers.

“The SEC receives thousands of submissions from whistleblowers annually and has limited resources, so the more detailed and organized the whistleblower information is, the more likely the SEC is to use it,” she told Bloomberg Law.

Read the entire article, “Deutsche Bank whistleblowers lose bid to force SEC awards,” on Bloomberg Law’s website. 

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