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Several significant settlements and whistleblower awards have been announced recently. Rite Aid faced multiple lawsuits due to past data breaches. Whistleblowers received over $37 million for reporting misconduct to the SEC, with one individual aiding in returning millions to harmed investors.
A tax whistleblower collected 22% of "millions of dollars" in federal taxes. But whistleblowing on tax scams can net you 30% of the proceeds. So they petitioned the Tax Court for the 8% variance. Why? Key word: "millions" Not one million, multiple. 22% of $2M = 440k. 30%… https://t.co/9Iadf3m6Ci
The U.S. Securities and Exchange Commission announced a $37 million award to a whistleblower who provided information that the commission did not previously know, which contributed to a successful enforcement action. https://t.co/IyAxI4MSGQ https://t.co/nE48iJ4eiV
#SEC #Whistleblower Awarded $37 Million for Helping Return Tens of Millions of Dollars to Harmed #Investors https://t.co/QruAjZBDnw #whitecollarcrime @KKCWhistleblow https://t.co/lesoCQSxmb
