SEC Adopts Whistleblower Rules For Reporting Securities Law Violations

As directed by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, the Securities and Exchange Commission has adopted rules providing for payments to persons reporting violations of the federal securities laws of up to 30% of the monetary sanctions collected by the SEC from violators of those laws. If you are aware of conduct by a company or person that you believe violates the securities laws, please contact Pearson, Simon, Warshaw & Penny, LLP to determine your rights. Pearson, Simon, Warshaw & Penny, LLP's practice is focused on securities, antitrust and actions on behalf of consumers with offices in Los Angeles and San Francisco. Its partners and senior attorneys have over 60 years collective experience representing shareholders and investors in securities litigation. You may contact senior counsel, George S. Trevor, at gtrevor@pswplaw.com for more information.