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Record $279m award to whistleblower

Published: June 1, 2023

In May, the American SEC paid out 279m USD to a tipster who alerted the authorities of bribes within Ericsson. The payout is linked to the rule that says a whistleblower can receive 10-30 percent of the fine imposed on a company, in this case Ericsson's $1.06 billion fine, linked to a corruption scandal.

Article on the subject here.