Iowa SEC Whistleblower Attorneys

If you have information regarding violations of federal securities laws such as Ponzi schemes, fraud, or market manipulation, you can submit a tip to the SEC Office of the Whistleblower to both provide a public service and receive financial compensation for your information. The strategic alliance of the Silver Law Group and the Law Firm of David R. Chase represents SEC whistleblowers in Iowa and throughout the United States. Our dedicated team of experienced attorneys includes a former SEC Enforcement attorney who brings a wealth of knowledge regarding the whistleblower process, helping you receive the largest award possible after submitting a successful tip.

Whistleblowers stand to gain anywhere from 10 to 30 percent of the amount recovered from million-dollar enforcement actions by the SEC. However, due to the SEC's rigid reporting guidelines, the whistleblower process can be lengthy, complex, and restricted. Working with our experienced team of attorneys gives you the best chance at successfully filing a tip, receiving compensation, and protecting your anonymity throughout the process.

Since 2011, when it created a new incentive-based whistleblower program, the SEC has paid over $2 billion to whistleblowers. Between 2020 and 2023, the SEC paid out nine-figure awards to three separate individuals, with the most significant reward reaching nearly $300 million.

Changes to the program in 2022 can now result in even more potential financial awards. Any whistleblower with knowledge of federal securities violations who comes forward will now be paid even for non-SEC actions. The Commission may also increase an award in relation to the dollar amount of the enforcement but not lower it. This new program and recent updates have resulted in more enforcement actions and payouts to whistleblowers than ever.

SEC whistleblowers from Des Moines, Cedar Rapids, Davenport, Sioux City, or elsewhere in Iowa are eligible for awards if the SEC initiates successful enforcement action of over $1 million, receiving 10 to 30 percent of the recovered amount. However, to be eligible for awards and maximize compensation, whistleblowers must provide the Commission with the following information:

• Original information: The SEC will follow up on tips that contain accurate, first-hand knowledge of federal securities violations. Reporting allegations internally is not required to receive compensation, but it may increase the award amount.
• Significant information: Although the SEC can reward you for any information that leads to enforcement action, your award will likely be higher if you provide the Commission with significant, in-depth information.
• Timely information: You must provide information to the SEC before they independently take enforcement action against that violation. In addition, you cannot claim compensation if you do not willingly come forward and are forced to provide information by a court order.

Our Iowa SEC whistleblower attorneys can assist you in coming forward with information if you are aware of federal securities violations. Our experienced team can work with the Commission to help ensure your tip follows all guidelines and leads to compensation.

You can come forward if you know about securities violations, including Ponzi schemes, foreign bribery, insider trading, or FCPA violations. Becoming an SEC whistleblower isn't easy if you try to navigate the process alone. Our experienced SEC whistleblower attorneys can reduce the stress associated with submitting a tip and recognize other potential types of violations, including:

• Market manipulation
• Futures fraud
• Hedge fund fraud
• Fraudulent or unregistered securities offerings
• Substandard reporting systems
• Commodities fraud
• EB-5 investment fraud
• Accounting fraud by publicly traded companies

Just because you have information regarding securities violations doesn't mean you are guaranteed to receive compensation. Failing to meet specific eligibility requirements can result in the SEC not acting on your tip or providing no compensation after an enforcement action.

Our experienced team of SEC whistleblower lawyers has represented Iowans in Des Moines, Cedar Rapids, Iowa City, Davenport, and cities across the state. Our strategic partnership with an SEC Enforcement lawyer gives our team a wealth of knowledge that can give you the edge and help you successfully receive compensation for your tip through the SEC Whistleblower Program.

If you are aware of violations of securities law within your company, contact our team today. Our unique insight allows us to understand what information the SEC is looking for and helps maximize your potential compensation.

For a free and confidential consultation, contact Silver Law Group and the Law Firm of David R. Chase today by email or call us at (800) 975-4345.