SEC Whistleblower Program Success Adds To The Record Of Labaton Sucharow

The financial meltdown of 2008 has led to some major changes taking place in the financial markets of the U.S., but few of the choices made in the Dodd-Franki Act have been as successful as that seen in the SEC Whistleblower program. One of the authors of the Dodd-Frank Act, SEC Whistleblower lawyer Jordan A. Thomas now heads a team at the Labaton Sucharow law firm who are specializing in protecting whistleblowers who are looking to bring evidence of wrongdoing to the Securities and Exchange Commission.

Labaton Sucharow have recently brought attention to their latest success as a specialist SEC whistleblower group with news of a $17 million reward settlement being awarded to a client of the firm. Mr. Thomas is a specialist in bringing clients to the SEC Whistleblower program who wish to take advantage of the skills the law firm brings to the program; Labaton Sucharow have assisted clients in cases where the law firm can help keep a client’s identity safe and make sure their monetary reward is as large as possible.

Labaton Sucharow will work with their clients from before the initial contact is made with the Securities and Exchange Commission to make sure every possible piece of evidence is in place for their clients to use. This means clients bring their evidence to the specialist team of lawyers, researchers, and financial experts for them to look over and decide if the case stands a good chance of succeeding. Further issues the law firm will investigate include determining what level of fines can be expected against the company committing the wrongdoing and how much reward the individual can expect. Mr. Thomas and his team at Labaton Sucharow are specialists in keeping the identity of a whistleblower safe, and ensuring the individual receives as much of the 10 to 30 percent of any fines brought by the SEC as possible.

The SEC Whistleblower program at Labaton Sucharow is rightfully pleased about the $17 million award to its client, which has been rated as the second largest in the six year history of the program. Anonymity is a major factor in the SEC Whistleblower program that each and every individual is assured of as the SEC does not detail which cases whistleblowers were part of, and pays monetary rewards from a $400 million fund created by the U.S. Congress.