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JPMorgan case: Two whistleblowers awarded $50 million for aiding SEC

Read more about JPMorgan case: Two whistleblowers awarded $50 million for aiding SEC on Business Standard. Labaton Sucharow, a law firm that represents one of the whistleblowers, disclosed the link to the JPMorgan case after the SEC's announcement<br>

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JPMorgan case: Two whistleblowers awarded $50 million for aiding SEC

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  1. JPMorgan case: Two whistleblowers awarded $50 million for aiding SEC Labaton Sucharow, a law firm that represents one of the whistleblowers, disclosed the link to the JPMorgan case after the SEC's announcement. International News: The US Securities and Exchange Commission consented to pay a sum of $50 million to a couple of informants who gave data that helped the office win a $267 million settlement with JPMorgan Chase and Co. over cases that the bank neglected to advise well off customers of irreconcilable circumstances in dealing with their cash. One of the witnesses will get $37 million, the third-greatest payout in the historical

  2. backdrop of the SEC's informant program, the office said in an announcement Tuesday. The SEC didn't name the organization included or the general population getting the honors, refering to government law that secures secrecy. Labaton Sucharow, a law office that speaks to one of the informants, unveiled the connection to the JPMorgan case after the SEC's declaration.Read More Business Standard

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