Kansas City SEC Whistleblower Attorneys Securing the Reward You Deserve
Whistleblowers who report a Securities and Exchange Commission violation are not only entitled to legal protections — but they may also be eligible to receive a monetary reward. The process for obtaining a whistleblower reward can be complex and depend upon whether the case is a qui tam lawsuit or is brought under a whistleblower program. The legal team at Brady & Associates has been committed to safeguarding whistleblower rights for more than two decades and helping them secure the rewards they deserve.
Rewards for SEC Whistleblowers
The Dodd-Frank Wall Street Reform and Consumer Protection Act gives the Securities and Exchange Commision (SEC) the authority to reward whistleblowers who report fraud to the SEC. A whistleblower can receive a reward for disclosing “original information” of an unlawful activity, leading to a recovery of more than $1 million for the SEC.
"Original information" is information that:
- The whistleblower came by independently
- Was not previously provided to the SEC from another source
- Is not exclusively derived from an allegation made in a judicial or administrative hearing or other public disclosure.
The monetary award a whistleblower receives for providing the SEC with credible and original information that leads to a successful enforcement action can depend upon how much the SEC recovers. Typically a whistleblower reward can range from 10% to 30% of the amount the SEC receives.
SEC Whistleblower Protections
Reporting an SEC violation is a legally protected activity. The Dodd-Frank bill prohibits employers from terminating or discriminating against SEC whistleblowers. It also prevents judicial or administrative actions relating to whistleblower statements. In the event you were subjected to an adverse employment action or another retaliatory action for whistleblowing, you may be able to pursue a legal remedy.
Contact a Skilled Kansas City SEC Whistleblower Lawyer
If you have reported an SEC violation, it’s best to have an SEC whistleblower attorney by your side who can protect your legal rights and ensure you receive the monetary reward to which you are entitled. Contact Brady & Associates for a confidential evaluation of your case by calling (913) 696-0925 or completing our online information form. Based in Leawood near Kansas City, we represent whistleblowers in Kansas, Missouri, and beyond.
