SEC Reward Lawyer Represents Professionals Who Want To Anonymously Report Securities Exchange Act Violations and Other Illegal Conduct in the Financial Markets by Anonymous SEC Reward Lawyer
SEC Reward Lawyer helps anonymous whistleblowers report illegal conduct and claim awards. Through the SEC Whistleblower Program, the SEC has awarded more than $676 million to 108 whistleblowers. Further, the SEC actively seeks individuals with original information of significant illegal schemes and rewards whistleblowers who make anonymous tips. More specifically, the SEC rewards anonymous whistleblowers who report securities fraud and other illegal conduct that impact the financial markets. These anonymous tips need to be made through a lawyer to qualify for a potential reward. For a free confidential review of a potential SEC Reward Case, please feel free to contact SEC Reward Lawyer Jason Coomer via e-mail message or use our submission form.
Below are some helpful FAQs from a SEC Reward Lawyer. The FAQs include general information regarding anonymous reporting of illegal conduct to the SEC. Specific legal advice is case specific:Q1: Who does a SEC Reward Lawyer represent?A1: A SEC reward lawyer represents individuals with original information of illegal conduct who want to anonymously report the conduct and claim an award.
Q2: What type of illegal conduct does a SEC Reward Lawyer report?A2: An SEC reward lawyer reports violations of the Securities Exchange Act and other significant illegal conduct. More specifically, they report insider trading, money laundering, and market manipulation schemes.
Q3: What is needed for a SEC Reward Lawyer to claim a reward for a client?A3: To claim an anonymous reward from the SEC for a client, a SEC Reward Lawyer must file an anonymous tip for the client that results in a monetary recovery by the SEC. The recovery needs to be at least $1 million.
Q4: What is the advantage of hiring a SEC Reward Lawyer?A4: A SEC Reward lawyer allows a whistleblower to anonymously report an illegal conduct. The SEC reward lawyer also reviews and prepares the case to be sent to the SEC. Further, the lawyer helps determine what evidence can and should be sent to the SEC.
SEC Reward Lawyer Helps Whistleblowers Recover Up To 30% of the Funds Recovered By The SEC
Whistleblowers may be eligible for an award when they voluntarily provide the SEC with original, timely, and credible information that leads to a successful enforcement action. Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million. By law, the SEC protects the confidentiality of whistleblowers and does not disclose information that might directly or indirectly reveal the identity of a whistleblower. Professionals that wish to anonymously expose significant investment fraud, securities violations, or other illegal conduct are able by law to report these illegal actions through a lawyer and protect their identity while collecting large financial rewards.
SEC Reward Lawyer Helps Professionals and Investors Anonymously Report Hard to Detect Investment Fraud, Market Manipulation Schemes, and other Types of Securities Fraud
With the success of the Federal False Claims Act and several state false claims act laws, the United States has enacted new Bounty Action Laws to expose investment fraud, commodities fraud, and securities fraud. These Bounty Action Whistleblower Reward Laws are section 21F of the Securities Exchange Act (SEC Whistleblower Bounty Actions), and section 23 of the Commodity Exchange Act (CFTC Whisteblower Bounty Actions). These laws were passed in the wake of Financial Market Melt Down in 2008 and in response to massive fraud in the financial markets. These whistleblower recovery laws are designed to encourage people with specialized knowledge of significant investment fraud, securities fraud, SEC violations, commodity futures fraud, violations of the foreign corrupt practices act, and other financial fraud. These whistleblower reward laws were designed to protect whistleblowers that step up and blow the whistle on financial fraud.
SEC Reward Lawyer Helps Professionals Throughout The United States and The World Collect Financial Rewards by Anonymously Exposing Illegal Conduct
As a Bounty Action Reward Lawyer, Jason Coomer works with SEC whistleblowers throughout the United States and the World to expose illegal conduct that impacts the United States Financial Markets. These bounty actions include violations of the Securities Exchange Act, Commodity Exchange Act, Bank Secrecy Act, Foreign Corrupt Practices Act, and several other laws. These violations can originate in the United States or abroad.
SEC Reward Lawyer Jason Coomer Helps International Whistleblowers File Anonymous Foreign Corrupt Practices Act Bounty Actions and Collect Financial Rewards
The Foreign Corrupt Practices Act and SEC Bounty Actions work together to reward whistleblowers with original and specialized knowledge and evidence of international business corporate bribery, money laundering, market manipulation schemes, insider trading, and other illegal conduct. These international whistleblower laws are part of a worldwide movement to expose and punish illegal bribery schemes and government corruption. In recent months, over $5 Billion has been collected from multinational corporations who violated anti-bribery laws.
These International Whistleblower Bounty Actions regulate several different industries including: the Banking and Financial Services Industry, the Construction Industry , Customs and Trade Regulation, the Pharmaceutical and Health Care Industry, the Oil and Gas Industry, and the Telecommunications Industry.
Recent SEC Rewards
The Securities and Exchange Commission announced a nearly $50 million whistleblower award to an individual who provided detailed, firsthand observations of misconduct by a company, which resulted in a successful enforcement action that returned a significant amount of money to harmed investors. This is the largest amount ever awarded to one individual under the SEC’s whistleblower program. The next largest is a $39 million award to an individual in 2018. Two individuals also shared a nearly $50 million whistleblower award that same year. (6/4/2020)
The Securities and Exchange Commission announced a $3.8 million award to a whistleblower who provided significant information that helped the SEC disrupt an ongoing fraudulent scheme. The resulting enforcement action returned millions of dollars to harmed investors. (7/14/2020)
The Securities and Exchange Commission awarded more than $18 million to a whistleblower whose significant information prompted an examination that resulted in an important enforcement action. The whistleblower repeatedly reported the problem internally before contacting the SEC. (4/28/2020)
SEC Reward Lawyer and CFTC Reward Lawyer Helps Professionals Collect Financial Rewards by Anonymously Exposing Illegal Conduct
As a SEC Bounty Action Whistleblower Reward Lawyer and CFTC Bounty Action Whistleblower Lawyer, Jason Coomer works with CFTC whistleblowers and SEC whistleblowers to confidentially gather information regarding several different types of financial fraud and investment fraud can be the basis for these bounty actions. For more information on SEC Whistleblower Reward Bounty Actions and CFTC Whistleblower Reward Bounty Actions, please feel to go to the following web pages:
SEC Reward Laws Provide Several Whistleblower Protections to SEC Whistleblowers
SEC Reward Laws protect professionals, employee whistleblowers, and other whistleblowers. More specifically, these reward laws allow anonymous whistleblowing through a SEC reward lawyer and protections against retaliation. These laws also protect employees, former employees, and others from illegal confidentially agreements. Further, through these protections in many situations whistleblowers can use evidence of illegal conduct regardless of any confidentially agreements. Any potential anonymous whistleblower should contact a SEC reward lawyer to review any such evidence and/or confidentially agreement prior moving forward with a disclosure. For more information on Employee Whistleblower Laws, please go to the following web page, Employee Whistleblower Award and Recovery Lawsuits.
SEC Reward Laws Work Like The Federal False Claims Act By Creating Economic Incentives and Whistleblower Protections To Encourage High Professionals and Others With Specialized Knowledge to Expose Illegal Conduct
Under Federal law, whistleblower recoveries can come through four different whistleblower recovery laws. The Federal False Claims Act is the oldest of the laws and under this law the Federal Government has brought in approximately $30 Billion. Under this law successful whistleblowers have been awarded over $3 Billion and these whistleblower rewards are expected to continue to expand as many states are enacting their own false claims act laws. The Federal False Claims Act was recently amended by the Federal Enforcement and Recovery Act (FERA) including expanding the reach of the Federal False Claims Act to include subcontractors working under a government contractor and other parties working with government contractors. The Federal False Claims Act was also expanded protection for employee whistleblowers. States have also been encouraged through economic incentives to enact their own Medicaid False Claims Act whistleblower recovery laws. These state whistleblower recovery laws must be at least as strong as the Federal False Claims Act whistleblower reward laws for the state to receive the increased economic benefits from the Federal Medicaid Fraud Recovery Program.
SEC Reward Laws Create Economic Incentives and Whistleblower Protections to Detect Unlawful Conduct
Offering large financial awards and economic incentives to persons with knowledge of crimes and criminals including offering whistleblower rewards and whistleblower bounties have been an extremely effective method of identifying unlawful conduct, crimes, and criminals. When the government offers the economic reward to private citizens for exposing fraud against the government, such actions are called "qui tam actions". In these actions, the plaintiff is suing on their own behalf as well for the government and taxpayers.
The qui tam provisions of the False Claims Act are based on the theory that one of the least expensive and most effective means of preventing frauds on taxpayers and the government is to make the perpetrators of government fraud liable to actions by private persons acting under the strong stimulus of economic benefit as well as patriotic duty, personal ill will, and/or strong personal ethics.
The strong public policy behind creating an financial reward for whistleblowers is that the government would be significantly less likely to learn of the allegations of fraud, but for persons in certain positions with specialized knowledge of Medicare fraud, Medicaid fraud, defense contractor fraud, investment fraud, foreign business fraud, tax fraud, or significant fraud that has been committed. Congress has made it clear that creating these financial incentives is beneficial not only for the government, taxpayers, and the realtor, but is an efficient method of regulating government to prevent fraud and fraudulent schemes.
SEC Reward Laws Create Economic Incentives and Whistleblower Protections to Encourage Professionals With Specialized Knowledge of Significant Illegal Conduct to Provide Information to the Government to Stop the Illegal Conduct
The central purpose of the qui tam whistleblower reward provisions of the False Claims Act as well as the IRS whistleblower reward, SEC whistleblower reward, and CFTC whistleblower reward bounty actions is to set up incentives to supplement government regulation and enforcement by encouraging whistleblowers with specialized knowledge of significant fraudulent schemes against the government and the public to blow the whistle on the fraudulent and criminal acts.
The more recent enactment of the financial fraud whistleblower reward laws are response to large scale fraud that almost collapsed the world financial markets. These new bounty actions work under the same premise as extremely successful qui tam whisleblower reward laws. By encouraging private citizens with specialized knowledge of financial fraud, the government is seeking to deter investment fraud, securities fraud, SEC violations, retirement fund fraud, corporate malfeasance, violations of the foreign corrupt practices act, and other forms of financial fraud by offering rewards or bounties to persons that properly expose this fraud.
For more information on whistleblower reward lawsuits, please go to the following web page on Whistleblower Recovery Lawsuits
SEC Reward Lawyer Works With Professionals From Throughout the United States and World As Well As Works With Other SEC Reward Lawyers
As an SEC reward lawyer, Jason Coomer works with a variety of whistleblowers from throughout the United States and the World. More Specifically, he commonly works with finanicial professionals, auditors, healthcare professionals, brokers, investors, and entrepreneurs. He understands a wide variety of illegal schemes and helps anonymous whistleblowers gather evidence of and report a variety of illegal conduct. Further, he commonly works with other SEC reward lawyers on large complicated cases involving complicated financial fraud schemes. Many of their cases involve multinational corporations and international investment schemes. Anyone with original information of a signficant illegal scheme that impacts the financial markets, is encougaged to seek a confidential review. For more information, please contact SEC Reward Lawyer Jason Coomer.
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