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Boca Raton, FL , June 25, 2026 (GLOBE NEWSWIRE) -- SEC Whistleblower Attorneys, the law offices of Silver Law Group and the Law Firm of David R. Chase, announce the successful representation of a Securities and Exchange Commission (SEC) Whistleblower in securing a $19.95 million award. Counsel submitted a detailed whistleblower tip to the SEC with significant evidentiary support regarding an alleged sophisticated securities manipulation scheme, which led to the initiation of a formal, non-public investigation, a successful enforcement action, and settlement.
The whistleblower cooperated extensively with the SEC throughout a multi-year investigation, providing crucial analysis and insight. The SEC's investigation culminated in a settled enforcement action exceeding $75 million.
"The SEC was unaware of the alleged misconduct until the whistleblower reported it. Motivated by a desire to see justice served, the whistleblower provided the SEC with information and tireless cooperation that proved vital to its efforts," said David R. Chase, Principal of the Law Firm of David R. Chase.
"We are thrilled for our client, who expended a great deal of time and energy to report and explain how a major financial institution is alleged to have taken advantage of its retail mutual funds and placed profits ahead of compliance, resulting in a...
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