There are whistleblowers in various areas that are breaking their silence on several violations on securities that are relevant to the SEC. The Congress enacted in 2010 the Dodd-Frank Wall Street Reform and Consumer Protection Act. This has been the most overhauling regulations of all the existing U.S. Financial regulations ever since the Great Depression era. This Dodd-Frank Act brought about the whistleblower program establishment. The program provides some major financial incentives and also employment protections for the people who will blow the whistle against violators of the federal securities law by reporting to the SEC.
The first Law firm to setup a dedicated practice to protect the SEC whistleblowers in the country was the Labaton Sucharow. The representation to the whistleblowers is hinged on the securities litigation platform that is leading in the profession. The practice is composed of various world-class experts like investigators, financial analysts and forensic accountants. These experts are well experienced in federal and also state law enforcement that will be unmatched as they act for the whistleblowers. The practice itself will be under the leadership of Jordan A. Thomas. He has prior experience in this field as he was once the assisting Chief Litigation Counsel as well as the Assistant Director in the department of enforcement at SEC. He was also part of the team that developed the Whistleblower Program as a leader at SEC.
SEC will be liable to pay the whistleblowers who will be eligible a 10-30% of total sanctions it collects following its enforcement actions that will be successful and over $1 million. They will also be entitled to get more additional awards from the various sanctions that will be made by other diverse regulatory and enforcement organizations. The employees will also be entitled to protection from retaliations by their employers when they decide to become SEC whistleblowers. When these whistleblowers are represented by an attorney, they are able to make a report on all the securities violations they are aware of using anonymous ways.
How do you Contact the SEC Whistleblower Attorney
If anyone needs more information about this program by the SEC or want to have a case evaluation done, you can easily contact a SEC Whistleblower attorney via telephone, email and electronic submission. All case evaluations and consultations are usually done free of charge, are confidential and protected by the advocate-client privileges. During the very first consultation with the attorney, it is not advisable to fully disclose your identity and the identities of the possible securities violators. International whistleblowers will have translation services offered.