Whistleblowers Now Get Top Gun Legal Help

One of the responsibilities of the SEC is catching securities laws violations. Often, it is possible because there are whistleblowers- people who are willing to expose such violations.

The 2008 financial crisis has dealt a serious blow to the American economy and tens of millions of individuals. As a result, Dodd-Frank Wall Street Reform and Consumer Protection Act was passed by Congress in 2010. This act led to a new whistleblower program, providing employment protection as well as financial incentives.

Under the new rules, whistleblowers qualify for 10-30% of the sanctions collected by SEC as a result of the information provided if these sanctions are above $1 million. When it comes to large financial institutions such fines can go into tens of millions, if not more.

There’s also a possibility to report violations anonymously as long as a SEC whistleblower is represented by an attorney.

In response, Labaton Sucharow became the first law firm in the United States with a focus on protecting and advocating for the whistleblowers. A team of experienced investigators, analysts, and forensic accountants that have federal and state law enforcement experience is provided for such cases.

This team is led by Jordan A. Thomas, who formerly was an Assistant Director and Assistant Chief Litigation Counsel at the SEC. While there, Mr. Thomas contributed to the Whistleblower Program.

When it comes to exposing violations, the initial consultations and evaluations are free of charge. Additionally, confidentiality is protected by the attorney-client privilege.

Labaton Sucharow is a law firm which also specializes in litigations related to financial products and services, corporate governance and shareholder rights, mergers and acquisitions, antitrust and competition, consumer protection, and related areas.

According to company’s website, Labaton Sucharow “prosecutes precedent-setting class actions, recovering billions of dollars on behalf of defrauded consumers and investors.”

For the past ten years, this firm was recognized by The Legal 500 U.S. Annual Guide as one of the best plaintiffs litigation firms. As The Legal 500 stated, the firm “litigates hard and has a great investigations team.”

Presently, the firm employs 60 full-time attorneys and is based in New York City and Wilmington, Delaware.