News & Analysis as of

Securities Litigation Whistleblower Protection Policies Appeals

Kohn, Kohn & Colapinto LLP

Fifth Circuit Ruling on Whistleblower Awards from Bankruptcy Collections Underscores Shortcoming With SEC Program

Whistleblowers who exposed what has been called “one of the biggest frauds in Texas history” are not eligible to receive Securities and Exchange Commission (SEC) whistleblower awards based on the collections recovered in a...more

Kohn, Kohn & Colapinto LLP

For First Time, Whistleblower Receives SEC Award After Appealing Denial Before Court of Appeals

In April, the U.S. Securities and Exchange Commission (SEC) awarded $400,000 to a whistleblower after previously denying the whistleblower’s award claim in 2022. The whistleblower appealed this denial before the Court of...more

Kohn, Kohn & Colapinto LLP

SDNY Order Clouds the Water on SEC Crypto Jurisdiction

On July 13th, Judge Analisa Torres of the United States District Court for the Southern District of New York entered an order that was quickly celebrated by the crypto world (SEC v. Ripple Labs, Inc., No. 20CIV10832ATSN;...more

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