Jordan A. Thomas

SEC Issues Whistleblower Awards Totaling More Than $4 Million

Monday, August 2, 2021 - 5:43pm

In the first order, the SEC awarded more than $2 million to a whistleblower who provided valuable information that resulted in SEC staff initiating an investigation, as well as ongoing assistance that included participating in multiple interviews and identifying key individuals and entities.The SEC also awarded more than $150,000 to another whistleblower, whose information prompted SEC staff to expand its investigation into other alleged conduct at the relevant company.

Key Points: 
  • In the first order, the SEC awarded more than $2 million to a whistleblower who provided valuable information that resulted in SEC staff initiating an investigation, as well as ongoing assistance that included participating in multiple interviews and identifying key individuals and entities.The SEC also awarded more than $150,000 to another whistleblower, whose information prompted SEC staff to expand its investigation into other alleged conduct at the relevant company.
  • In the second order, the SEC awarded more than $1.1 million to a whistleblower who reported misconduct internally and was the first to alert the SEC to the violations.The SEC also awarded another whistleblower more than $500,000.While the second whistleblowers information was important, the first whistleblower's information was more significant as it was broader and more timely submitted.
  • "Today's awards underscore the important role that whistleblowers play in detecting and halting securities laws violations,"said Emily Pasquinelli, Acting Chief of the SEC's Office of the Whistleblower.
  • Whistleblower awards can range from 10-30%of the money collected when the monetary sanctions exceed $1 million.

Glancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of Piedmont Lithium (PLL) on Behalf of Investors

Thursday, July 22, 2021 - 10:00pm

Glancy Prongay & Murray LLP (GPM), a national investor rights law firm, continues its investigation on behalf of Piedmont Lithium Inc. (Piedmont or the Company) (NASDAQ: PLL ) investors concerning the Company and its officers possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM), a national investor rights law firm, continues its investigation on behalf of Piedmont Lithium Inc. (Piedmont or the Company) (NASDAQ: PLL ) investors concerning the Company and its officers possible violations of the federal securities laws.
  • Whistleblower Notice: Persons with non-public information regarding Piedmont should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.
  • In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements.

Glancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of Kanzhun Limited (BZ) on Behalf of Investors

Saturday, July 10, 2021 - 6:00pm

Glancy Prongay & Murray LLP (GPM), a national investor rights law firm, continues its investigation on behalf of Kanzhun Limited (Kanzhun or the Company) (NASDAQ: BZ ) investors concerning the Company and its officers possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM), a national investor rights law firm, continues its investigation on behalf of Kanzhun Limited (Kanzhun or the Company) (NASDAQ: BZ ) investors concerning the Company and its officers possible violations of the federal securities laws.
  • Whistleblower Notice: Persons with non-public information regarding Kanzhun should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.
  • In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements.

Glancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of James River Group Holdings, Ltd. (JRVR) on Behalf of Investors

Saturday, July 10, 2021 - 6:00pm

LOS ANGELES, July 10, 2021 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (GPM), a national investor rights law firm, continues its investigation on behalf of James River Group Holdings, Ltd. (James River or the Company) (NASDAQ: JRVR ) investors concerning the Company and its officers possible violations of the federal securities laws.

Key Points: 
  • LOS ANGELES, July 10, 2021 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (GPM), a national investor rights law firm, continues its investigation on behalf of James River Group Holdings, Ltd. (James River or the Company) (NASDAQ: JRVR ) investors concerning the Company and its officers possible violations of the federal securities laws.
  • On October 8, 2019, after the market closed, James River disclosed that it had delivered a notice of early cancellation of all policies issued to its largest customer, Rasier LLC.
  • Whistleblower Notice: Persons with non-public information regarding James River should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.

Glancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of James River Group Holdings, Ltd. (JRVR) on Behalf of Investors

Monday, June 21, 2021 - 4:30pm

LOS ANGELES, June 21, 2021 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (GPM), a national investor rights law firm, continues its investigation on behalf of James River Group Holdings, Ltd. (James River or the Company) (NASDAQ: JRVR ) investors concerning the Company and its officers possible violations of the federal securities laws.

Key Points: 
  • LOS ANGELES, June 21, 2021 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (GPM), a national investor rights law firm, continues its investigation on behalf of James River Group Holdings, Ltd. (James River or the Company) (NASDAQ: JRVR ) investors concerning the Company and its officers possible violations of the federal securities laws.
  • On October 8, 2019, after the market closed, James River disclosed that it had delivered a notice of early cancellation of all policies issued to its largest customer, Rasier LLC.
  • Whistleblower Notice: Persons with non-public information regarding James River should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.

Glancy Prongay & Murray LLP, a National Class Action Law Firm, Continues Investigation of James River Group Holdings, Ltd. (JRVR) on Behalf of Investors

Tuesday, June 15, 2021 - 10:30pm

Glancy Prongay & Murray LLP (GPM), a national investor rights law firm, continues its investigation on behalf of James River Group Holdings, Ltd. (James River or the Company) (NASDAQ: JRVR ) investors concerning the Company and its officers possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM), a national investor rights law firm, continues its investigation on behalf of James River Group Holdings, Ltd. (James River or the Company) (NASDAQ: JRVR ) investors concerning the Company and its officers possible violations of the federal securities laws.
  • On October 8, 2019, after the market closed, James River disclosed that it had delivered a notice of early cancellation of all policies issued to its largest customer, Rasier LLC.
  • Whistleblower Notice: Persons with non-public information regarding James River should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.

SEC Awards Approximately $2.5 Million to Whistleblower

Friday, April 9, 2021 - 4:47pm

Washington, D.C.--(Newsfile Corp. - April 9, 2021) - The Securities and Exchange Commission today announced an award of approximately $2.5 million to a whistleblower whose information and ongoing assistance to the staff significantly contributed to the success of an SEC enforcement action.

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - April 9, 2021) - The Securities and Exchange Commission today announced an award of approximately $2.5 million to a whistleblower whose information and ongoing assistance to the staff significantly contributed to the success of an SEC enforcement action.
  • The SEC has awarded approximately $762 million to 148 individuals since issuing its first award in 2012.
  • No money has been taken or withheld from harmed investors to pay whistleblower awards.
  • Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million.

SEC Awards Approximately $1.5 Million to Whistleblower

Tuesday, March 9, 2021 - 3:43pm

As the numerous recent awards make clear, whistleblowers like the one awarded today play an integral part in the success of the SECs enforcement program.

Key Points: 
  • As the numerous recent awards make clear, whistleblowers like the one awarded today play an integral part in the success of the SECs enforcement program.
  • The SEC has awarded approximately $759 million to 143 individuals since issuing its first award in 2012.
  • No money has been taken or withheld from harmed investors to pay whistleblower awards.
  • Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Renewable Energy Group Inc. (REGI) on Behalf of Investors

Friday, February 26, 2021 - 10:30pm

Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Renewable Energy Group, Inc. (Renewable Energy or the Company) (NASDAQ: REGI ) investors concerning the Company and its officers possible violations of the federal securities laws.

Key Points: 
  • Glancy Prongay & Murray LLP (GPM), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Renewable Energy Group, Inc. (Renewable Energy or the Company) (NASDAQ: REGI ) investors concerning the Company and its officers possible violations of the federal securities laws.
  • On February 25, 2021, after the market closed, Renewable Energy issued a press release announcing its fourth quarter and full year 2020 financial results.
  • Whistleblower Notice: Persons with non-public information regarding Renewable Energy should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program.
  • Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation.

SEC Awards Almost $3 Million Total in Separate Whistleblower Awards

Friday, February 19, 2021 - 4:07pm

Washington, D.C.--(Newsfile Corp. - February 19, 2021) - The Securities and Exchange Commission today announced two separate whistleblower awards for total payments of almost $3 million.

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - February 19, 2021) - The Securities and Exchange Commission today announced two separate whistleblower awards for total payments of almost $3 million.
  • In the first order, the SEC awarded a whistleblower over $2.2 million for providing important, high-quality information that aided an investigation.
  • In the second order, the SEC awarded almost $700,000 to a whistleblower who alerted SEC staff to a fraudulent reporting scheme, prompting the opening of the investigation.
  • Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million.