Home / News & Insights / Media / “SEC Now Offering Big Payoffs To Whistle-Blowers.”

“SEC Now Offering Big Payoffs To Whistle-Blowers.”

John Phillips in Time, 8/9/10.

Money can be “extraordinarily effective” in getting people to blow the whistle when they see fraud, says John Phillips, whose law firm Phillips & Cohen LLP specializes in whistleblower cases.

In the past, the SEC’s whistleblowing program was limited to insider trading cases and offered only small discretionary, rather than mandatory, rewards ranging from 0 to 10% of the money recovered. “It was completely ineffectual, completely discretionary,” says Phillips.

“SEC Now Offering Big Payoffs To Whistle-Blowers.”

Let us help you.
Get a free, confidential case review