Sealed Petitioner v. Sealed Respondent — 5th Cir. (argued September 1, 2026)
The Fifth Circuit hears a sealed challenge to the SEC's denial of a whistleblower award. The petitioner published an article concerning alleged misconduct, then filed Form TCR with the Commission. The dispute is whether the original information, or that later submission, had to lead to the successful enforcement action.
Sealed Petitioner v. Sealed Respondent (No. 25-60572) — U.S. Court of Appeals for the Fifth Circuit, argued September 1, 2026.
Sources
Argument audio — U.S. Court of Appeals for the Fifth Circuit (public domain, 17 U.S.C. § 105):https://www.ca5.uscourts.gov/OralArgRecordings/25/25-60572_09-01-2026.mp3
Argument record — U.S. Court of Appeals for the Fifth Circuit:https://www.ca5.uscourts.gov/oral-argument-recordings/results?docket=25-60572
Argument calendar — U.S. Court of Appeals for the Fifth Circuit:https://www.ca5.uscourts.gov/court-calendars/sitting?d=2026-09-01
Redacted whistleblower award order — Securities and Exchange Commission:https://www.sec.gov/files/rules/other/2025/34-104137.pdf
Amicus brief — Government Accountability Project and others:https://business.cch.com/srd/Amicus-for-5th-Cir-2026_-Final-Brief032726.pdf
15 U.S.C. § 78u-6 — U.S. House Office of the Law Revision Counsel:https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title15-section78u-6&num=0&edition=prelim
17 C.F.R. § 240.21F-4 — GovInfo:https://www.govinfo.gov/content/pkg/CFR-2025-title17-vol4/pdf/CFR-2025-title17-vol4-sec240-21F-4.pdf
J. Michael Connolly — Consovoy McCarthy:https://consovoymccarthy.com/team-member/j-michael-connolly/
Counsel listing — Supreme Court of the United States:https://www.supremecourt.gov/docket/docketfiles/html/public/24-410.html
Opinion search — U.S. Court of Appeals for the Fifth Circuit:https://www.ca5.uscourts.gov/opinions/results?docket=25-60572
- 0:00Introduction
- 1:07John Connolly
- 2:35Form TCR
- 16:40William Shirey