In an act implemented by the Congress not more than seven years ago, whistleblowers seem to have their plea to have their rights protected heard. The Act serves to protect the rights of individuals who opt to give information about organizations or individuals who seem to commit financial irregularities. Such information is supposed to be presented to the Securities and Exchange Commission (SEC) for further investigation.
Before this, it wasn’t surprising to find whistleblowers whose employment lives had been affected, or who hadn’t been rewarded well enough for giving legitimate information that may have led to a proper case. The Dodd-Frank Reform and Protection Act serves to address such issues. Law firms didn’t hesitate to start forming practices dedicated to representing whistleblowers, and Labaton Sucharow was the first to pave the way. With Jordan A. Thomas as their leader, the firm is seemingly untouchable as they boast a market-leading trial platform. Jordan A. Thomas, who worked as an Assistant Director in one of the SEC divisions, leads a team of highly qualified financial analysts, investigators and forensic accountants to form an untouchable team. It goes without mentioning that Jordan was instrumental in the formation of the whistleblower program, and is therefore undoubtedly the perfect person to lead the practice.
A SEC whistleblower attorney is tasked with ensuring that whistleblowers receive their dues in case the information they provide successfully builds a good case. According to the Act, a whistleblower is to receive 10-30% of the total monetary sanctions that a ruling places on the guilty party. The SEC whistleblower lawyer ensures that the client gets the maximum cut out of the deal. There are other awards that the client is supposed to get too, and it is the lawyer’s responsibility to see to it that the client is fully awarded. Apart from the monetary incentives, the job security of whistleblowers has also been taken care of. It was declared illegal, in the Act, for an employer to harass or undermine a whistleblower in anywhere. In such a case, the employer would face the rule of law. It is therefore up to the whistleblower to report any form of violation.
Whistleblower representation is just a call away. One can apply for a case evaluation which is free for those doing it for the first time. First-time applicants also get to enjoy attorney-client privileges until they are well acquainted with the program.