Archive

Government Employee Receives $2.5 Million Whistleblower Award from SEC

Whistleblower News Review by ML McLaren The SEC recently announced it has awarded $2.5 million to a whistleblower who is also a government employee. This is the first time the SEC has publicized giving an award to an…
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Merrill Broker Sues Firm for Allegedly Stealing Accounts During Medical Leaves

Advisor Hub by AdvisorHub Staff A Merrill Lynch broker in Denver has sued the firm in federal court, claiming that its systemic “sabotage” of his relationship with clients during and following two medical leaves have cost…
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Attorney Blasts FINRA After Regulator Loses Insider Trading Case

Lawyer says it was ‘slimy’ of FINRA to publicize the case while it was still being litigated Investment News A lawyer for a stock analyst exonerated Wednesday in an insider trading case brought by the…
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Ex-Citigroup Analyst Defeats FINRA Charges Over Tips

Law360 by Carmen Germaine A panel of Financial Industry Regulatory Authority officers has dismissed allegations a former Citigroup research analyst improperly passed on info concerning Medtronic Inc.’s merger with Covidien PLC, ruling there was no evidence…
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Testing the Protocol, Merrill Sues Team Members Who Left with Client Data

Advisor Hub by Mason Braswell In a case that tests the limits of the Protocol for Broker Recruiting, Bank of America Merrill Lynch has asked a federal judge to prevent two former members of a large…
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Tilton Lays Path to Appeal SEC In-House Court Before Ruling

Bloomberg by Bob Van Voris Lynn Tilton figured the odds were against her from the start. The U.S. Securities and Exchange Commission dragged the Patriarch Partners LLC founder before an in-house judge on fraud allegations that…
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Lynn Tilton Challenges SEC In-House Trial Rulings

Bloomberg – Talk Show by Michael Best and Greg Stohr, Robert Herskovits, founding partner at Herskovits Attorneys, discusses why Patriarch Partners founder Lynn Tilton is opposing the SEC administrative hearings, claiming that her case should be settled…
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Defense Contractor Cybersecurity Breaches Bring Wave of Cyber Whistleblower Opportunities

Whistleblower News Review by ML McLaren, Failure to report cyberattacks among Department of Defense (DOD) contractors and subcontractors means big whistleblower opportunities for IT professionals and other defense contractor employees. Cyber hacking and cybersecurity breaches are…
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SEC Awards More than $1.4 Million to Whistleblower Compliance Officer

Wall Street Journal by Samuel Rubenfeld The Securities and Exchange Commission said Wednesday it awarded between $1.4 million and $1.6 million to a compliance officer who provided information that helped the SEC in an enforcement action…
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SEC Grants $1.5M Whistleblower Award To Compliance Officer

Law360by Stephanie Russell-Kraft The U.S. Securities and Exchange Commission announced Wednesday that it will grant approximately $1.5 million to a compliance officer who provided information that led to an SEC enforcement action against the employee’s company,…
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