Whistleblower receives record-breaking $144M award from SEC for aiding investigation

The Securities and Exchange Commission announced a record $114 million award on Thursday to a whistleblower who aided in an agency investigation.

“The Securities and Exchange Commission today announced an award of over $114 million to a whistleblower whose information and assistance led to the successful enforcement of SEC and related actions,” the SEC wrote in the Thursday announcement. “The $114 million award consists of an approximately $52 million award in connection with the SEC case and an approximately $62 million award arising out of the related actions by another agency.”