SEC Whistleblower Attorney: The Truth

Do you want the truth about the SEC Whistleblower attorney? Do you need a SEC Whistleblower lawyer? If so, then read on because here is some information on the subject in question.

Today we actually have a group of SEC Whistleblower attorneys. How did this all begin? We’re glad you asked.

Perhaps it all began back in 2010 when the U.S. Congress set into effect the Dodd-Frank Wall Street Reform and Consumer Protection Act. Among other things, that act set up a whistleblower program. The program accounts not only provides some protection but also monetary rewards for people who report any and all potential violations of any U.S. securities laws to the SEC or Securities and Exchange Commission.

It would be not too long after that that the law firm of Labaton Sucharow would become the first legal firm in the Unites States to create a law practice that concentrated solely on advocating and protecting the rights of any and all SEC whistleblowers. Their “Whistleblower Representation Practice” includes financial analysts, forensic accountants and an investigative team all with experience with both state and federal laws. The group is headed by ex-assistant director and assistant chief litigation counsel in the division of enforcement at the SEC, Jordan A. Thomas.

While still employed by the SEC he was essential in developing this program. He even drafted the legislation proposal as well as the finished rules regarding implementation. According to said rules the SEC must pay legitimate whistleblowers between 10 and 30 percent of whatever fines are collected following the enforcement of sanctions.

In fact, whistleblowers might even be able to rake in more cash awards if other law enforcement or regulatory organizations are involved. The rules also indicate that employers are not permitted to retaliate in anyway against a whistleblower. If represented by a lawyer, whistleblowers are also able to report potential violations of security anonymously if they so choose.

The Whistleblower Representation Team can be reached online via e-mail, through “electronic submission” via their website, the telephone or even “snail mail.” According to their website their case evaluations and initial consultations are always free. The staff advises anyone interested in an initial consultation to not share the names of suspected securities offenders or any of their own personal identification. Finally, they note that they have translation services available to any whistleblower who does not speak English.