Alert July 09, 2013

Goodwin Procter Alert – SEC Forecasts an Increase in Whistleblower Cases and Awards

Goodwin Procter issued a client alert that (1) discusses the SEC’s announcement of its second-ever Dodd-Frank whistleblower award, (2) reviews  public statements by SEC officials and data from the first full year of the SEC’s new Dodd-Frank whistleblower program that suggest an upward trend in cases and awards over the next 6 to 12 months, and (3) reviews key benchmarks for companies to consider in ensuring that they have an effective whistleblower program.