The Securities and Exchange Commission today announced that three whistleblowers have been awarded more than $25,000 combined for tips and information they provided to help the SEC and Justice Department stop a sham hedge fund. This is the first installment of anticipated payments to the whistleblowers as additional assets are collected from the purported hedge fund manager. The whistleblowers are expected to ultimately receive approximately $125,000 in total.
The attorneys at Sallah Astarita & Cox have worked with whistleblowers, and may be able to help you. Call our office at 212-509-6544 for more information.