BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.
To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.
To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.
The U.S. Securities and Exchange Commission plans to award between $5 million and $6 million to a former company insider whose detailed tip led the agency to uncover securities violations it said would have been “nearly impossible” to detect otherwise.
This follows a $3.5 million award announced Friday by the SEC to a company employee whose tip, it said, bolstered an ongoing investigation with additional evidence of wrongdoing that strengthened the SEC’s case, the agency said Tuesday in a statement.
The names of whistleblowers, and the companies with which they are associated, are not revealed by the agency.
The SEC said Tuesday the $5 million award ranks as the third-highest it has granted to a whistleblower. In September 2014, it announced an award of more than $30 million. That exceeded the prior highest award of more than $14 million, which had been announced in October 2013.
The SEC said it has awarded more than $67 million to 29 whistleblowers since the whistleblower program’s 2011 inception.
The Securities and Exchange Commission has issued a $1.8 million award to an unidentified whistleblower who voluntarily provided original information that prompted the agency to open an investigation, it said Tuesday.