D.C. Circuit Denies Reward to Attorney for Reporting Client’s $44 Million Fraud

The D.C. Circuit recently ruled against an attorney seeking a multimillion-dollar award for reporting his client to the U.S. Securities and Exchange Commission (SEC). The court found that the attorney could not have reasonably believed that exposing his client’s $44 million fraud was in the client’s best interest. For an in-depth view of the proceedings and implications, full details can be accessed through Law360.