GITNUX MARKETDATA REPORT 2024

Statistics About The Average Whistleblower Settlement

The average whistleblower settlement amount is approximately $435,000.

With sources from: natlawreview.com, corpgov.law.harvard.edu, aconservativeedge.wordpress.com, taf.org and many more

Statistic 1

The average settlement a whistleblower receives is approximately $1.6 million.

Statistic 2

In 2019, the DoJ secured $3 billion in settlements and judgements.

Statistic 3

Whistleblower operations related to Medicaid accounted for $1.4 billion in recoveries in 2019.

Statistic 4

63% of all federal government FCA recoveries were because of the actions of whistleblowers in 2019.

Statistic 5

Whistleblowers received $271 million in fiscal year 2020.

Statistic 6

In 2019, whistleblowers received $265 million in reward money.

Statistic 7

The average SEC whistleblower award in 2020 was $692,000

Statistic 8

Whistleblower tip submissions increased by over 65% from fiscal year 2012 to fiscal year 2020

Statistic 9

In 2018, over $300 million was awarded to whistleblowers.

Statistic 10

10% to 30% of the money collected in a case is given to the whistleblower if the amount exceeds $1 million.

Statistic 11

Over 33,000 whistleblower tips were received from 2011 to 2020.

Statistic 12

The largest ever SEC whistleblower award was $50 million in 2020.

Statistic 13

Overall, since its inception, the SEC has awarded about $676 million to 108 individuals since the inception of the program.

Statistic 14

In 2007, the highest whistleblower reward given out was $1.3 million.

Statistic 15

Between 1987 and 2020, the federal government's False Claims Act cases recovered over $64 billion, with more than half that amount coming from cases initiated by whistleblowers.

Statistic 16

Whistleblowers received more than $7 billion in awards from 1987 to 2020 as a result of their actions.

Statistic 17

The average duration for a whistleblower case from start to end is about three years.

Statistic 18

Qui tam actions resulted in over $42 billion in recoveries from 1987 to 2020.

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In this post, we explore the lucrative world of whistleblower settlements, shedding light on the significant financial rewards awaiting those who expose fraud and misconduct. From jaw-dropping figures on individual payouts to staggering sums recovered by government agencies, the statistics paint a compelling picture of the impact and importance of whistleblowers in uncovering wrongdoing.

Statistic 1

"The average settlement a whistleblower receives is approximately $1.6 million."

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Statistic 2

"In 2019, the DoJ secured $3 billion in settlements and judgements."

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Statistic 3

"Whistleblower operations related to Medicaid accounted for $1.4 billion in recoveries in 2019."

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Statistic 4

"63% of all federal government FCA recoveries were because of the actions of whistleblowers in 2019."

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Statistic 5

"Whistleblowers received $271 million in fiscal year 2020."

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Statistic 6

"In 2019, whistleblowers received $265 million in reward money."

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Statistic 7

"The average SEC whistleblower award in 2020 was $692,000"

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Statistic 8

"Whistleblower tip submissions increased by over 65% from fiscal year 2012 to fiscal year 2020"

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Statistic 9

"In 2018, over $300 million was awarded to whistleblowers."

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Statistic 10

"10% to 30% of the money collected in a case is given to the whistleblower if the amount exceeds $1 million."

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Statistic 11

"Over 33,000 whistleblower tips were received from 2011 to 2020."

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Statistic 12

"The largest ever SEC whistleblower award was $50 million in 2020."

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Statistic 13

"Overall, since its inception, the SEC has awarded about $676 million to 108 individuals since the inception of the program."

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Statistic 14

"In 2007, the highest whistleblower reward given out was $1.3 million."

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Statistic 15

"Between 1987 and 2020, the federal government's False Claims Act cases recovered over $64 billion, with more than half that amount coming from cases initiated by whistleblowers."

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Statistic 16

"Whistleblowers received more than $7 billion in awards from 1987 to 2020 as a result of their actions."

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Statistic 17

"The average duration for a whistleblower case from start to end is about three years."

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Statistic 18

"Qui tam actions resulted in over $42 billion in recoveries from 1987 to 2020."

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Interpretation

In conclusion, the statistics presented demonstrate the significant impact of whistleblowers in uncovering fraud and abuse, particularly within government and financial sectors. Whistleblowers play a crucial role in securing substantial settlements and recoveries, as evidenced by the millions of dollars in awards received over the years. The data also highlights the effectiveness of whistleblower programs, with a significant portion of total recoveries attributed to their actions. The increasing trend in whistleblower tip submissions and the size of awards underscore the importance of fostering an environment that encourages and protects individuals who come forward with valuable information.

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