Since the enacting of the whistleblower protection acts, various law companies have been created in the United States with a primary aim of providing legal services for the informants. One of the principal firms in the whistleblower representation sector is the Labaton Sucharow law company. It is a pioneer in the business, and it has managed to establish unique platforms for offering its legal solutions. The firm has a strong whistleblower representation practice that guides its team of investigators, financial analysts and forensic auditors who have ample information on how the law is implemented.
The undertakings of the Labaton Sucharow law firm are governed by Mr. Jordan A. Thomas who was formerly employed by the SEC as the assistant director and the Department of Enactment’s deputy principal litigation counsel. He is acknowledged for being a major participant in the formation of the whistleblower representation program and its implementation.
The regulations of the whistleblower protection program state that the informant should be offered 10-30 percent of the money that the commission gains as penalties from the offenders. The sanctions’ threshold is one million dollars, but an additional financial reward can still be given to the informant if the engagements of other law enforcement agencies lead to extra fines. The Doff-Frank Act also indicates that employers do not have the right to revenge to the whistleblowers for offering information to the SEC.
The commission also allows the informant to provide information without disclosing his or her identity, and this can be done through the representation of an attorney. The first consultation at the SEC is free, and the organization assures attorney-client privilege protection for any intelligence that is given. They also provide a free interpreter to encourage foreigners to give any information that they have on rogue companies.