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Browse: Home / 2020 / May / 27 / Armed with whistleblower tips, U.S. SEC cracks down on coronavirus misconduct | News | WTVB

Armed with whistleblower tips, U.S. SEC cracks down on coronavirus misconduct | News | WTVB

By Securities Docket on May 27, 2020, 8:09 am

The novel coronavirus outbreak and economic fallout is proving to be a bonanza for whistleblower lawyers as the U.S. securities regulator cracks down on a range of related misconduct from companies touting sham cures to misuse of federal aid.

The Securities and Exchange Commission (SEC) fielded about 4,000 complaints from mid-March to mid-May, a 35% increase on the year-ago period, Steven Peikin, the agency’s co-head of enforcement, said this month as cases of COVID-19, the respiratory illness caused by the coronavirus, shot up.

via Armed with whistleblower tips, U.S. SEC cracks down on coronavirus misconduct | News | WTVB.

Posted in SEC, Top | Tagged Whistleblowers

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