Phillips & Cohen partner Erika Kelton was quoted in a Fast Company article about how potential changes to the SEC’s whistleblower program could impact the rewards they receive.
“Oftentimes the best information comes from people who have a fairly complete understanding at a high level of what’s going on,” Erika Kelton, a whistleblower lawyer, told Fast Company. “And oftentimes those people are extremely well-compensated. Given the risks of being a whistleblower, which can wreck your career, if you’re serious about getting information that can have a profound impact on securities law enforcement, you have to recognize that people could sacrifice a lifetime of earnings.”
Read the entire article, “This investor who blew the whistle on JPMorgan got a huge award, but those days may be numbered,” on Fast Company’s website.