Americans are no longer turning their backs on corporate fraud and wrongdoing. A report conducted in December 2011 by Labaton Sucharow, SEC Whistleblower attorney, revealed 78 percent would be willing to report workplace wrongdoing if they could do it anonymously.
Financial service professionals are sometimes put in the uncomfortable position of deciding whether to report irregular activities. The decision depends on the circumstances of each case. Use this site and the tools provided to help you better understand your eligibility for monetary awards as a statutory whistleblower.
SEC Whistleblowers Advocate has many useful resources to help consider your case.
SEC Insider’s Guide
SEC Whistleblower Program Handbook
Securities Law Primer
SEC Whistleblower Eligibility Calculator
SEC Whistleblower Security Database
In 2010, Congress enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Act represented the first overhaul of U.S. financial regulations since the Great Depression. The Dodd-Frank Act resulted in a new program that provides employment protections and financial incentives to those who report violations to the Securities and Exchange Commission.
In response to this historic legislation, Labaton Sucharow was the first law firm to focus on protecting and advocating for SEC whistleblowers. The firm provides a world-class, in-house team that includes investigators, financial analysts, and forensic accountants with federal and state law enforcement experience.
Jordan A. Thomas, a former Assistant Director at the SEC, leads the practice. At the SEC, Jordan played a key role in creating the Whistleblower Program. He even drafted the proposed legislation. As a former Assistant Director and Assistant Chief Litigation Counsel in the Enforcement Division of the SEC, Jordan successfully litigated high-profile enforcement cases, including Enron, Fannie Mae, Citigroup and UBS. These cases resulted in $35 billion in monetary relief for harmed investors.
Under the program, the SEC pays eligible whistleblowers up to 30 percent of monetary sanctions collected in a successful SEC enforcement action exceeding $1 million. Whistleblowers may also be eligible for additional awards based on related actions brought by other regulatory organizations.
Employees are prohibited from retaliating against employees who report wrongdoing under the Dodd-Frank Act. You can even report securities violations anonymously if you are represented by an SEC Whistleblower lawyer.
Whistleblowers Advocate consultations are free, confidential and private. You are not required to provide personal identification or expose securities violators. Translation services are available.
This is the firm that can help you do the right thing.