DODD-FRANK WHISTLEBLOWER SEC

We represent dozens of whistleblowers in confidential cases and settled cases we will not disclose; cases identified only with client permission.

MODDHA INTERACTIVE, INC., ET AL. 

Hagens Berman represented the whistleblower who sparked the successful investigation and prosecution of this “hi-tech scam” investment fraud case that was resolved by the SEC in 2020. The violations of federal securities laws are set forth in the SEC’s complaint.

BATS / DIRECT EDGE STOCK EXCHANGES 

In one of the first successful SEC whistleblower cases, our whistleblower attorneys represented Haim Bodek, a leading algorithmic trading expert, in his complaint against BATS Global Inc. / Direct Edge Holdings challenging the unlawful preferential treatment it gave certain preferred high-frequency trading companies. Hagens Berman’s case resulted, in 2015, in the largest SEC fine ever imposed on a U.S. financial exchange. Mr. Bodek’s work was twice reported on the front page of The Wall Street Journal and he was rewarded for his work.

NEW YORK STOCK EXCHANGE (NYSE) 

Our firm also represented a whistleblower behind the 2018 SEC action against the New York Stock Exchange (NYSE) which resulted in a record-tying fine against the large financial exchange (tying the fine in the BATS action also triggered by our client).
SEC Order
Bloomberg Article