The work-from-home phenomenon has triggered a fresh frustration for U.S. corporations: Americans are blowing the whistle on their employers like never before. The proof is in the data, with the U.S. Securities and Exchange Commission receiving 6,900 tips alleging white-collar malfeasance in the fiscal year that ended Sept. 30, a 31% jump from the previous…
Category: whistleblowers
Whistleblower Receives $50M Award, Largest in SEC History | National Law Journal
The U.S. Securities and Exchange Commission on Thursday issued the largest bounty in the decadelong history of its program for paying tipsters, awarding nearly $50 million to a whistleblower who was credited with providing “firsthand” information about corporate misconduct that led to an enforcement action. “This award marks several milestones for the whistleblower program,” Jane…
FCA fines Barclays boss £640k over whistleblower failings – Citywire
The Financial Conduct Authority (FCA) and Prudential Relegation Authority (PRA) have fined the chief executive of Barclays £642,430 over his handling of a whistle blower.In a joint statement the two regulators announced the Barclays chief James Staley will be fined for his failure to ‘act with due skill, care and diligence in the way he acted…
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