Companies Hit With Bigger Penalties When Whistleblowers Involved
28th October 2014

According to a new study, firms pay 63% more for penalties when a whistleblower is involved in an enforcement action. The authors of the study looked at penalties for financial misrepresentation from the DOJ and SEC from 1978 to 2012 and controlled a number of characteristics that indicated the size of the alleged misrepresentation like the number of executives penalized.