Government,
Labor/Employment
Jun. 8, 2023
Whistleblowing awards are on the rise, but payouts vary depending on the program or statute utilized
Although lacking the incentives of the federal whistleblower statutes, or the California False Claims Act, California Labor Code § 1102.5 protects workers who report corporate malfeasance.
Robin G. Workman
Partner
Workman Law Firm PC
177 Post St
San Francisco , CA 94108
Phone: (415) 782-3660
Fax: (415) 788-1028
Email: robin@workmanlawpc.com
Texas Tech Univ SOL; Lubbock TX
On May 5 the Securities and Exchange Commission (SEC) announced the largest-ever award, almost $279 million, to a whistleblower. This award more than doubled the previous highest award of $114 million issued by the SEC in October of 2020. When commenting on the award, Gurbir S. Grewal, the Director of the SEC's Division of Enforcement, stated that the size of the award "not only incentivizes whistleblowers to come forward with accurate information about potential sec...
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