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The Wall Street Journal reported on the $50 million award granted to two whistleblowers that provided information that helped the SEC pursue a case against JP Morgan chase that resulted in a $267 million SEC enforcement action. “These awards show how critically important whistleblowers can be to the agency’s investigation and ability to bring a case to successful and efficient resolution,” Jane Norberg, chief of the SEC’s whistleblower office, said in the statement.
Additional Coverage
SEC Agrees to Pay $50 Million to Whistleblowers in JPMorgan Chase Settlement
The Washington Post, March 26, 2019
Whistleblowers Awarded $50 Million by SEC in JPMorgan Case
Bloomberg, March 26, 2019
SEC Whistleblowers Net $50M in Third-Largest Single Award
Law360, March 26, 2019
New York