Category Archives: Lawyers

Legal Representation Services that are offered to the SEC Whistleblowers.

The Congress’ approval of the Dodd-Frank Wall Street Reform and the Consumer Protection led to a significant evolution of the United States’ finance industry. The enactment took place in 2010, and it was the first noteworthy amendment since the Great Depression. The passing of the Dodd-Frank Law facilitated the formation of a competent whistleblower protection program. The plan is dedicated to guaranteeing the protection of all individuals who volunteer to give useful intelligence to the Securities and Exchange Commission on institutions that violate the federal securities laws. The whistleblower protection laws guarantee job security to the SEC informants and gives that a right to receive a financial motivation from the commission.

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.