Daily Archives: September 1, 2020, 2:04 pm

SEC Awards Outside Analysts, Labaton Sucharow Clients, $2.5 Million Whistleblower Bounty | SEC Whistleblower Attorneys | Labaton Sucharow

The Securities and Exchange Commission today announced that it awarded two financial analysts more than $2.5 million for reporting misconduct at Orthofix International N.V.  As a result of the whistleblowers’ high-quality tip, in 2017, Orthofix and three former executives settled with the SEC for $8.37 million, to be distributed to harmed investors. The outside analysts were granted 30% of the…

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SEC Awards Over $2.5 Million to Joint Whistleblowers for Detailed Analysis That Led to Multiple Successful Actions

The Securities and Exchange Commission today announced an award of over $2.5 million to joint whistleblowers whose tip based largely on highly probative independent analysis of a public company’s filings led to several successful enforcement actions.  In addition to their tip, the whistleblowers provided helpful assistance early in the investigation, which helped save Commission time and resources. “Detailed analysis by…

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German parliament to open full inquiry into Wirecard collapse | Financial Times

The German parliament is to hold a full inquiry into the collapse of Wirecard amid mounting questions as to why the government failed to prevent the biggest corporate fraud in the country’s postwar history. The decision ensures that the Wirecard affair will dominate German politics in the lead-up to next year’s Bundestag elections and could cast a shadow over Chancellor…

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