John Grisham Business – SEC Issues multiple whistleblower awards totaling over $3.6 million
Whistleblowing has a long tradition in the U.S. and has been a tradition under the False Claims Act (FCA) since the 19th century. Initially, the fight against fraud on the government has been incentivized, and now regulators work with whistleblower programs to efficiently expose violators of securities laws and financial fraud. The Internet has given whistleblowers wings. Most recently, the U.S. SEC again paid out over $3.6 million in whistleblower awards.