Maryland SEC Whistleblower Attorneys

If you're an employee or corporate insider with original, substantial, and timely information about federal securities violations, our firm has the resources you need to submit a tip as a whistleblower. We represent individuals in Maryland, throughout the U.S., and around the world to the SEC Office of the Whistleblower. Teamed with a former SEC Enforcement Attorney, we have an extensive understanding of how the Commission investigates tips and how to gain the most significant award possible.

For each successful SEC enforcement action resulting in at least $1 million recovered, whistleblowers are eligible for 10 to 30 percent of the amount in compensation. However, just because you have evidence and submit a tip doesn't mean the SEC will pursue it. The Commission maintains a narrow and meticulous set of eligibility guidelines. It's critical to retain an experienced team of whistleblower attorneys to increase your chances of compensation and to protect your anonymity.

Securities violations cover an array of financial scenarios, from market manipulation and insider trading to Ponzi schemes and foreign bribery. Although company employees and other corporate insiders may think they have allegations to bring forward, an experienced SEC whistleblower attorney may recognize others, such as the following:

• FCPA violations
• Internal reporting non-compliance
• Unregistered or fraudulent securities offerings
• Stockbroker and broker-dealer misconduct
• Accounting fraud (by publicly traded companies)
• Commodities and futures fraud
• Hedge fund fraud
• EB-5 investment fraud
• Investment adviser fraud

Since the Whistleblower Program's inaugural year in 2011, the SEC's incentivized approach to enforcement has led to billions recovered. Notably, between 2020 and 2023, the Commission's record for the amount awarded was broken twice, now sitting at $279 million.

To maximize the potential awards, whistleblowers must understand what the Commission needs to conduct an enforcement action. To be eligible, Maryland whistleblowers must provide the following:

• Timely information: Whistleblowers must submit a tip before the SEC has in-depth or extensive information or evidence of violations. For example, individuals must contact the Commission before it launches its own investigation.
• Significant information: Although any information or evidence can lead to an SEC investigation, the Commission only moves forward with significant data. Moreover, the whistleblower will gain a percentage of the recovered funds corresponding with the significance of the information.
• Original information: SEC investigators require first-hand knowledge from whistleblowers to pursue investigations. Initial internal reporting is not a requirement but can lead to further compensation.

With these changes, the SEC is raising the potential for financial awards. The Commission may only consider the dollar amount of the recovery or enforcement action for raising an award and no longer lower it. Additionally, those coming forward with information about federal securities violations can be eligible for awards, even in non-SEC enforcement actions.

An effort to support the public well-being and gain substantial financial compensation may sound enticing, but becoming an SEC whistleblower in Maryland can be a formidable undertaking. Whistleblowers are at risk of retaliation by employers, especially those choosing to pursue submitting a tip without professional help. Furthermore, the SEC only investigates a fraction of tips submitted, typically those with the most initial potential for enforcement action.

Despite the difficulties associated with submitting a tip to the SEC Office of the Whistleblower, you can gain the professional guidance you need in any situation involving federal securities violations. The Silver Law Group and the Law Firm of David R. Chase have created a strategic alliance to represent SEC whistleblowers like you. We have years of experience representing whistleblowers in Annapolis, Baltimore, Columbia, Towson, Silver Springs, Rockville, and other areas throughout Maryland.

Contact our offices today if you're an employee or company insider with original, timely, and significant information about securities violations. The Silver Law Group and the Law Firm of David R. Chase have formed an alliance and understand what the SEC needs to investigate violations, including how Maryland SEC whistleblowers can maximize their potential awards.

For a free, confidential consultation with a top SEC whistleblower attorney and to become a Maryland SEC whistleblower, contact Silver Law Group and the Law Firm of David R. Chase by email or call us today at (800) 975-4345.