Massachusetts SEC Whistleblower Attorneys

If you're a company employee or industry insider with knowledge of federal securities violations, our firm has the skills you need to submit a tip as a whistleblower. We represent individuals in Massachusetts, nationwide, and abroad to the SEC Office of the Whistleblower. With a former SEC Enforcement Attorney on our team, we have an in-depth understanding of how the Commission approaches tips and how to increase the chance of having your submission investigated.

When the Commission conducts a successful enforcement action resulting in at least $1 million, whistleblowers will gain financial compensation from 10 to 30 percent of the amount recovered. Unfortunately, just because you have pertinent information and submit a tip doesn't mean the SEC will follow through. The Commission maintains meticulous guidelines to gauge eligibility. Therefore, retaining an experienced team of whistleblower attorneys is essential to boost your chances for SEC enforcement and to protect your anonymity and compensation.

Federal securities violations are wide-ranging, from broker-dealer misconduct and insider trading to FCPA violations and instances of foreign bribery. While employees or other individuals privy to insider information may believe they have uncovered a violation, an experienced SEC whistleblower attorney may recognize others to submit to the Commission, including but not limited to the following:

• Accounting fraud by publicly traded companies
• Inadequate internal reporting protocols
• Unregistered or fraudulent securities offerings
• Market manipulation
• Ponzi schemes
• Commodities and futures fraud
• EB-5 investment fraud
• Hedge fund and investment adviser fraud

Since the program's launch in 2011, the SEC has incentivized tips, and awards are increasing nearly every year. For instance, between 2020 and 2023, the Commission's nine-figure record was broken twice. Whistleblowers—in two separate enforcement actions—were awarded $114 million and $279 million, respectively. 

Whistleblowers seeking to maximize their compensation must understand what the Commission needs. The SEC has established clear and concise guidelines for the information required to launch an investigation. To be eligible for awards after successful enforcement actions, individuals must provide the following:

• Timely information: Whistleblowers must submit a tip before the SEC knows in-depth material about allegations. For example, individuals must establish correspondence before the Commission before it gets involved in any matter.
• Significant information: While possessing knowledge of any SEC violation can lead to financial compensation, the final amount depends on its impact on the enforcement action. The more in-depth and extensive the whistleblower's information, the higher the percentage of the recovered funds awarded.
• Original information: SEC investigators require first-hand information and related evidence from whistleblowers to pursue federal securities violations. Some may think they must report allegations through internal company channels first, but it isn't mandatory for eligibility. However, it could lead to an increased award.

With recent changes in its whistleblower program, though, the SEC is raising the potential for financial awards. Those coming forward with information about federal securities violations will now be paid, even if it is a non-SEC enforcement action. Moreover, the Commission may increase an award related to the dollar amount of the enforcement actions, but they may not lower it.

Even though financial compensation can sound appealing, becoming an SEC whistleblower in Massachusetts can be a stressful undertaking. It's not uncommon for whistleblowers to experience retaliation from employers, especially for those pursuing tip submission alone. Moreover, with the Commission's narrow eligibility guidelines, your tip may not reach the investigation stage.

Despite the complexities involved with submitting a tip to the SEC Office of the Whistleblower, you can get the help you need. The Silver Law Group and the Law Firm of David Chase have created a strategic alliance to represent SEC whistleblowers like you. We have years of experience representing whistleblowers in the Greater Boston area and others throughout Massachusetts.

If you're an employee or company insider with knowledge of securities violations, get in touch with our offices today. Our SEC whistleblower attorneys understand what the SEC seeks to uncover violations, including how Massachusetts SEC whistleblowers can maximize their potential awards.

For a free, confidential consultation with a top SEC whistleblower attorney and to become a Massachusetts SEC whistleblower, contact us by email or call us today at (800) 975-4345.