Category Archives: Lawyers

The SEC Whistleblower Program’s Protection to the SEC’s Informants.

In 2010, the United States Congress made an amendment to the financial sector’s regulations by approving the Wall Street Reforms of Dodd-Frank and the Consumer Security Act. This two acts created the first significant change since the Great Depression. The Dodd-Frank law has a very crucial role in the formation of the whistleblower program that is meant to give the informants a monetary motivation and job security. The whistleblowers are required to report companies that violate the U.S federal securities to the Securities and Exchange Commission. Read more: http://www.secwhistlebloweradvocate.com/program/program-overview

Since the approval and implementation of the legislations, there have emerged several law firms specialize in the representation of whistleblower. One of the top companies and pioneers in whistleblower representation is the Labaton Sucharow. The company entirely practices law that is meant to represent the whistleblower, and it has currently developed itself well hence, it offers the best services in the industry. It has excellent litigation structure, financial analysts, highly skilled internal investigators who are regulated by the Whistleblower Representation Practice and forensic auditors who have the best knowledge of state and federal regulations.

The attorneys who serve the Labaton Sucharow law firm are all dedicated to ensuring that the best legal representation is provided to the clients. All operations in the company are under Jordan A. Thomas, who is a former Assistant Director of the SEC and was also the SEC Enforcement Division’s Assistant Chief Litigation Counsel. He is recognized for playing an important role in the Whistleblower Program’s creation from the drafting stage to implementation during his tenure at the commission.

The Whistleblower Program indicates that the SEC informant is entitled to 10-30 percent of the money that it gets as penalties from the law breakers. The whistleblower can still be awarded more money if the sanctions exceed the threshold of one million dollars. The Dodd-Frank Act provides protection to the informant’s job and also warns the employer against harassing an employee who informs the SEC.

People who wish to report the cases anonymously can hire attorneys to work as their representatives. The public can contact the SEC Whistleblower attorneys by sending messages on the organization’s website, emails or phone calls for them to get more information on the whistleblower representation program. Whistleblowers are required to avoid disclosing their personal data when filling complain to the SEC even though it is confidential and is protected by the attorney-client privileges. NonEnglish speaking whistleblowers are given translators.

Whistleblower’s Under The SEC Recovery Program Have Received Millions Dollars

Classified or executive illicit activities are reported by a whistleblower to an outside agency. Fortunately, a whistleblower can now reported security violations to the SEC and have their employee rights protected. This information is restricted by Congress and usually an executive order. Recent Security Exchange Commission (SEC) reforms have awarded whistleblower’s millions in compensation. In fact, they may have to report private and public information. The new reform laws protect you from retaliation by your employer. A whistleblower should be able to report any insecurities within their company without the threat of them losing their job. Moreover, a SEC attorney can help you with your whistleblower claim.

What Is The SEC Reform Law

At legal professional experienced with SEC can help you with the linguistics of the whistleblower reform law. Congress enacted Dodd-Frank Reform and Consumer Protection laws to protect SEC employees from retaliation for reporting wrongdoing within their company. Under these laws you receive employment protection and financial incentives for reporting security fraud. Employees are encouraged to report all possible violations to the Security Exchange Commission. A SEC attorney will make sure your rights are protected and you get the compensation you deserve.

Labaton Sucharow was the first legal firm in the U.S. to devote his practice exclusively to defending employees affected by the actions of their employer for reporting information to the SEC. His office provides a legal platform for litigating SEC legal cases and claims. He also played a leadership role in the Dodd-Franks Reform laws and is currently involved in implementing additional laws to protect employees. He is responsible for federal and state laws that now protect whistleblower SEC employees. Visit your local listings for a qualified SEC attorney in your area today.

How You’re Covered Under SEC Laws

The SEC is required to pay a whistleblower up to 30% of all monetary damages collected on behalf of the information that they provided. In some cases, additional awards are mandated based on the prosecution from additional agencies like law enforcement. Sucharow claims the information supplied by these employees saves Congress and other agencies time, resources, and money. Therefore, they should be titled to an amount of the money recovered and have their employment rights protected. Visit your SEC attorney for a free no obligation consultation of your SEC claim. A SEC attorney will fight for your employee rights for you.