Whistleblowers all over the country are speaking out to report different forms of violations from Significant Securities.
In the year 2010, Congress passed Dodd-Frank Wall Street Reform and Consumer Protection Act, which is the most important reform strategy in the U.S.A. financial control since the occurrence of the Great Depression. The Dodd-Frank Act has many crucial reforms but the most important of them is the establishment of a whistleblower plan that offers employment protection and cash incentives for people to report probable abuse of federal securities regulations on the SEC.
Labaton Sucharow, in response to the historic legislation, became the first firm in the U.S. to form a practice that exclusively emphasized on supporting and protecting whistleblowers of SEC. This law firm has a securities litigation platform that is at the top in the market. Thus, the whistleblower representation consists of a world-class team of financial analysts, investigators, and accountants with both state and federal enforcement expertise to provide the best representation. The leader of this experienced team is Jordan A. Thomas who was for the former assistant chief litigation counsel and assistant director in the enforcement division at the SEC. while at the SEC, Thomas played a crucial role as leader in the formation of a program for whistleblowers. This involved drafting legislation and finally implementing rules.
The rules of this program state that the SEC must pay suitable whistleblowers a tenth to three tenths of the cash sanctions resulting from a victorious SEC implementation action(s) whose sanctions are worth more than $1M. If the threshold is exceeded, whistleblowers could also get more awards based on the cash sanctions received in related matters brought forth by other law governing institutions. The Dodd-Frank Act prevents employers from retaliation against whistleblowers that go to the SEC following the rules of the program. However, the most important thing is that whistleblowers can report any securities infringement anonymously when represented by a SEC Whistleblower lawyer.
To get more information on the whistleblower program or to request an evaluation of your case, contact this firm’s team or any SEC Whistleblower attorney through email, telephone or by filling the form on this website. You will not pay for any initial case evaluation or consultation. You should not provide any personal details or securities violators’ names. International whistleblowers get free translation services too.