D.C. Circuit: No Award To Whistleblowing Lawyer Who Tipped Client To SEC

(August 19, 2024, 1:34 PM EDT) -- WASHINGTON, D.C. — A panel of judges in the District of Columbia Circuit U.S. Court of Appeals affirmed the Security and Exchange Commission’s decision to deny a whistleblower award to a company’s in-house attorney whose tip led to SEC enforcement action against the company and certain of its executives, with the panel holding in a June opinion that was unsealed Aug. 16 that the attorney’s tip was not made to serve his client’s interests....