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“SEC Awards Whistleblower $3.5 Million for Help in Ongoing Investigation.”

Erika Kelton in The National Law Journal, 5/13/16.

“What the whistleblower initially argued was his or her information caused the commission to inquire into different conduct. The commission interpreted that provision and said no, that doesn’t fit here. But what it does fit is the significant contribution prong,” said Phillips & Cohen partner Erika Kelton, who represented a tipster who received $30 million from the SEC, the largest whistleblower award in the program’s history.

“SEC Awards Whistleblower $3.5 Million for Help in Ongoing Investigation.”

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