Who protects the whistleblower when that individual decides security violations have been made and it’s time to tell someone? Labaton Sucharow is one such firm that exclusively protects and advocates for whistleblowers.
Labaton Sucharow’s leading team of market-securities litigation and representation practice consists of expert financial analysts, forensic accountants and investigators with federal and state law enforcement experience to provide representation for all those honest workers who have to end up blowing the whistle.
How do whistleblowers get protected? Because of the Dodd-Frank Act, a program was established proving employment protections for Securities and Exchange Commission (SEC) whistleblowers. Labaton Sucharow is dedicated exclusively to protecting the rights of SEC whistleblowers. The Dodd-Frank Act prohibited employers retaliation against whistleblowers who report to the SEC. If represented by an attorney, whistleblowers may report possible securities violations anonymously. What the Dodd-Frank Act did was the largest U.S. financial regulation overhaul since the Great Depression.
Labatan Sucharow is a firm led by Jordan A. Thomas, who played a leader in the development of the “Whistleblower Program” and implemented rules and proposed legislation for the program. Thomas was a former assistant director and assistant chief litigation counsel in the Division of Enforcement at the SEC.
So, what were the rules of the whisteblower program?
The SEC Whistleblower attorneys can be contacted by telephone, email or electronic submission through the website. Case evaluations and initial consultations are free. It is strongly encouraged that whistleblowers provide the personal information on identification and names of the possible security violators.
With credibility, experience and expertise, Labaton Sucharow law firm is the right firm for whistleblowers who need a strong partner and skilled advocate. For almost 50 years, Labaton Sucharow has prosecuted high profile and high stakes securities fraud.
The rules state that the SEC is to pay whistleblowers up to 30% of monetary sanctions when a SEC enforcement action(s) exceeds $1 million. Additional awards are available for whistleblowers whether money is collected in related actions or brought forth by another law enforcement organization.
Labatan Sucharow has a compelling track record and they have recovered billions of dollars and prompted sweeping reforms in corporate governance ensuring the financial marketplace works with greater accountability, fairness, and transparency.