New SEC Whistleblower Rules Pay Incentive Awards
Posted on Jan 1, 2011 12:25pm PST
SEC Adopts Whistleblower Rules For Reporting Securities Law Violations
As directed by the Dodd-Frank Wall Street Reform and Consumer Protection
Act of 2010, the Securities and Exchange Commission has adopted rules
providing for payments to persons reporting violations of the federal
securities laws of up to 30% of the monetary sanctions collected by the
SEC from violators of those laws. If you are aware of conduct by a company
or person that you believe violates the securities laws, please contact
Pearson, Simon & Warshaw, LLP to determine your rights. Pearson, Simon
& Warshaw, LLP's practice is focused on securities, antitrust
and actions on behalf of consumers with offices in Los Angeles and San
Francisco. Its partners and senior attorneys have over 60 years collective
experience representing shareholders and investors in securities litigation.
You may contact Pearson, Simon & Warshaw, LLP at
info@pswlaw.com or (818) 788-8300 for more information.