In March the SEC made its biggest-ever whistleblower award. It gave one person more than $33 million and in the same case split nearly $50 million between two others. The previous high for an SEC award to a single whistleblower was $30 million in 2014. All three whistleblowers were represented by the law firm of Labaton Sucharow and the awards were based upon SEC enforcement actions against Merrill Lynch. Today, I have with me Steve Durham, a partner at the firm, to talk about the awards and its implications in light of the recent See more +

In March the SEC made its biggest-ever whistleblower award. It gave one person more than $33 million and in the same case split nearly $50 million between two others. The previous high for an SEC award to a single whistleblower was $30 million in 2014. All three whistleblowers were represented by the law firm of Labaton Sucharow and the awards were based upon SEC enforcement actions against Merrill Lynch. Today, I have with me Steve Durham, a partner at the firm, to talk about the awards and its implications in light of the recent Supreme Court decision in Digital Realty Trust v. Somers.  See less -