On March 11, the U.S. Securities and Exchange Commission (SEC) issued a whistleblower award of approximately $14 million to an individual who published an online…
Elon Musk Gives the Finger to the SEC, Seeks to Reverse 2018 Settlement
Claiming that the Securities and Exchange Commission has a “vendetta” out against him, the Tesla founder and world’s richest man Elon Musk has filed an…
SEC Charges Brother and Sister in Cryptocurrency Fraud Scheme
The Securities and Exchange Commission has charged John and JonAtina Barksdale with fraud for misleading investors through through false claims in a cryptocurrency scheme, according…
Sprawling Credit Suisse Fraud Blown Wide Open with Massive Data Leak
The client rosters of Swiss banks are among the world’s most closely guarded secrets, protecting the identities of some of the planet’s richest people and…
Infinity Q CIO Charged with Fraud
The Securities and Exchange Commission today charged James Velissaris, the former Chief Investment Officer and founder of Infinity Q Capital Management, with overvaluing assets by…
Financier Dean Vagnozzi Settles SEC Fraud for $5m
The Philadelphia based controversial financier Dean Vagnozzi, once well-known through his ubiquitous radio ads and free dinner seminars, has agreed to pay $5 million to…
New Changes to SEC Whistleblower Regulations
On February 10, the U.S. Securities and Exchange Commission (SEC) proposed two amendments to the rules governing its highly successful whistleblower program. Both amendments seek…
More than $40 Million Awarded to Whistleblowers Last Year for Exposing Securities Fraud
For reporting financial malfeasance and providing key evidence during investigations, the Securities and Exchange Commission awarded just over $40 million to four whistleblowers last week.…
Theranos Whistleblower Weighs In on Elizabeth Holmes Verdict
On January 3, Theranos founder Elizabeth Holmes was found guilty of 4 counts of fraud. Holmes was indicted on federal wire charges in June of…
Jordan Thomas Launches Whistleblower-focused Law Firm
Plaintiffs lawyer and former Securities and Exchange Commission regulator Jordan Thomas said Tuesday that he has launched a new law firm to pursue awards under…