Whistleblower Alert! # whistleblower orders handed down today: Release No. 34-92780; File No. 2021-87, Release No. 34-92778; File No. 2021-86, and (Release No. 34-92777; File No. 2021-85.
Order Determining Whistleblower Award Claim (Release No. 34-92780; File No. 2021-87)
Order Determining Whistleblower Award Claim (Release No. 34-92778; File No. 2021-86)
Order Determining Whistleblower Award Claim (Release No. 34-92777; File No. 2021-85)
The record demonstrates that Claimant voluntarily provided original information to the Commission that caused Enforcement staff to inquire concerning different conduct as part of a current investigation, and the Commission brought the Covered Action based in part on conduct that was the subject of Claimantโs information.
Claimant satisfied the original information requirement by providing independent analysis based on publicly available information. Claimant identified a microcap company (the โCompanyโ) whose stock was the subject of a suspicious promotional campaign. Claimantโs information, including a comparison of the language in touting emails with emails in other promotional campaigns, was the product of unusual effort and expertise developed over many years and helped establish the connection between the Company and previous or ongoing promotional campaigns that were suspicious in nature. Claimantโs timely identification of the Company helped secure.
