Monthly Archives: October 2021

SEC Gives Whistle-Blower $110 Million in Second-Biggest Payout

Posted on October 2, 2021 by Camron Hoorfar

The U.S. Securities and Exchange Commission awarded $110 million to a tipster whose information resulted in enforcement actions, bringing total payments under the agency’s whistle-blower program to more than $1 billion, Bloomberg News reported. The tipster’s award, the second-largest ever, … Continue reading →

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Massachusetts Reaches $27 Million Settlement with Auto Lender

Posted on October 1, 2021 by Camron Hoorfar

A national subprime auto lender has agreed to pay more than $27 million to settle allegations that it took advantage of thousands of Massachusetts borrowers, according to the state attorney general’s office. The settlement with Credit Acceptance Corp. in Suffolk … Continue reading →

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