Adam Safwat

Weil, Gotshal & Manges LLP

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Corporate Internal Investigations Alert: SEC Gives $300,000 Whistleblower Award To Employee Responsible For Compliance And Audit Functions

On August 29, 2014, the Securities and Exchange Commission (“SEC”) announced a whistleblower award of more than $300,000 for a company employee who performed audit and compliance functions.[1] The award, twenty percent of the amount the SEC collected in an enforcement action,...

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