McDermott Discusses SEC’s Large Payouts to Compliance-Officer Whistleblowers

Overview


Eugene Goldman and Joel Rubinstein wrote this bylined article assessing the SEC’s second whistleblower award to an employee of a company that had an internal audit or compliance function, which typically disqualifies granting a whistleblower award. “These significant payouts—and the likelihood of more to come—highlight the need for company management to establish systems used to respond promptly to concerns from compliance and internal audit personnel,” the authors wrote. Read the full article