In The News

SEC Whistleblower Proposals Suggest Large Settlements in the Pipeline, Say Lawyers

Global Investigations Review

03 Jul 2018

Morrison & Foerster partner James M. Koukios believes it was unlikely that the DOJ was involved in discussions about the proposals to restrict whistleblower payouts because the DOJ would see the potential change as the SEC’s internal business. 

“A lot of times, the SEC had whistleblowers that [the DOJ] didn’t even know about,” he said in the Global Investigations Review article “SEC whistleblower proposals suggest large settlements in the pipeline, say lawyers.” He added that “whistleblowers can be a double-edged sword” from a DOJ perspective, as defense attorneys can “impeach a witness” on any financial incentive for them to come forward.



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