Delaware SEC Whistleblower Attorneys

The Silver Law Group and the Law Firm of David R. Chase have formed a strategic alliance, leveraging their collective knowledge and experience to assist individuals in submitting tips to the SEC Office of the Whistleblower. Whether you are an employee or a concerned member of the public, if you have relevant and timely information regarding violations of federal securities laws, such as Ponzi schemes, market manipulation, investor fraud, or unauthorized securities offerings, among others, contact us right away. Our experienced team represents SEC whistleblowers in Delaware, throughout the United States, and internationally. Our collective experience is vast, featuring a former SEC Enforcement attorney with deep insights into the agency's handling of reports, inquiries, and disciplinary measures. We'll leverage this experience to guide you toward securing the maximum reward attainable.

If your tip results in a successful SEC enforcement action yielding more than $1 million, you could be entitled to a reward ranging from 10% to 30% of the recovered sum. However, bear in mind that the Commission never investigates many of the tips, and they have imposed stringent criteria on submissions of tips that can affect award eligibility--not to mention the daunting nature of coming forward. Engaging a proficient SEC whistleblower lawyer is critical to championing your claim, protecting your prospective reward, and ensuring your anonymity.

Since its inception, the Commission's incentive-based program for whistleblowers has resulted in more enforcement activities than ever, leading to over $6 billion in corrective measures and more than $2 billion in awards for whistleblowers who furnished actionable intelligence. For example, from 2020 to 2023, the most significant payout records were shattered twice, with whistleblowers receiving $114 million and $279 million, respectively.

Following adjustments in FY 2022, the prospects for financial awards have increased even more. The Commission now intends to compensate whistleblowers for pivotal information and efforts that result in actions outside of SEC purview. Additionally, considerations regarding the amount of a potential reward will solely serve to augment, rather than diminish, the value of the award.

In Delaware, SEC whistleblowers in Wilmington, Dover, Newport, and other cities may be eligible for awards for providing essential information to the Commission. That said, awards are subject to the following eligibility criteria regarding the information, including:

• The Information Must Be Prompt: The whistleblower must provide the information that the SEC is not yet aware of, and it must be delivered before the Commission begins an investigation. Additionally, claims are only considered if the whistleblower steps forward voluntarily.
• The Information Must Be Substantive: The likelihood and size of an award hinge significantly on the whistleblower's insight into the alleged violation, including the effectiveness of internal reporting mechanisms, among other factors. Thus, detailed and comprehensive information tends to attract larger rewards.
• The Information Must Be Original: While the Commission does not mandate that whistleblowers exhaust all internal reporting avenues first, the information provided must be original for the SEC to consider taking enforcement action.

Our seasoned Delaware SEC whistleblower legal team is ready to assist if you possess meaningful and precise knowledge about securities violations. We guide you through the intricacies of the reporting process, clarifying what the Commission requires for an enforcement action and how to secure your financial compensation.

While the prospect of substantial financial rewards and fulfilling one's civic duty are strong incentives, whistleblowers still face a great deal of stress, including the possibility of retaliation from an employer. And for all your efforts, the SEC can still choose not to investigate your tip. However, with the support of our SEC whistleblower attorneys, you can have confidence that your tip will be submitted according to SEC guidelines for the best chance of consideration. We represent SEC whistleblowers reporting a wide range of securities violations, including but not limited to:

• Ponzi schemes
• Insider trading
• Commodities and futures fraud
• Failures in internal reporting compliance
• Accounting fraud by public companies
• Misconduct by brokers and stockbrokers
• Fraud by hedge funds or investment advisors
• EB-5 investment scams
• Foreign bribery or violations of the FCPA
• Market manipulation
• Fraudulent or unregistered offer of securities

Our firm boasts extensive experience representing whistleblowers from across Delaware, including Dover, Wilmington, Middletown, and other cities and towns across the state. With an SEC Enforcement attorney among our ranks, we thoroughly understand the intricacies of the federal SEC Whistleblower Program.

If you have original, timely, and relevant information concerning violations of federal securities laws, contact us today. Our experienced SEC whistleblower attorneys know precisely what the SEC requires to initiate an enforcement action and how whistleblowers in Delaware can optimize their award potential.

For a discreet, no-cost consultation with a leading SEC whistleblower lawyer and to take the first step towards becoming a Delaware SEC whistleblower, contact the Silver Law Group and the Law Firm of David R. Chase via email or call us today at (800) 975-4345.