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David P. Weber

SEC Whistleblower
David P. Weber

David P. Weber

David P. Weber, a former assistant inspector general for investigations at the U.S. Securities and Exchange Commission and a certified fraud examiner, was fired October 2012.  He alleged in a lawsuit that the firing was done in retaliation for disclosing possible computer security breaches, and misconduct at the agency to superiors and members of U.S. Senate and House oversight committees.

His allegations were featured in a Rolling Stone Magazine article “SEC Rocked By Lurid Sex-and-Corruption Lawsuit.

A September 2012 report by the U.S. Postal Service’s Inspector General found that Weber’s allegations had merit.

In June 2013, the SEC agreed to settle the lawsuit, paying Weber $580,000. The SEC also retracted its retaliatory allegations against him to clean his personnel and security records. The settlement was one of the highest federal whistleblower settlements on record.