January 06, 2015
Erika Kelton in Corporate Counsel, 1/6/15.
In September, the commission [SEC] authorized a payout of $30 million to a whistleblower living abroad. Erika Kelton of Phillips & Cohen, the attorney responsible for securing that award and a webinar speaker, thinks the word is getting out about the benefits of whistleblowing, and that this will result in more tips. “As these big awards become publicized, you’re going to see the trends spike up,” she said, adding that she’s confident there will be a whistleblower award “fairly soon” that surpasses $30 million.