The first and so far only dedicated SEC whistleblower program operated by a private law form at Labaton Sucharow recently announced its latest successful case, which has seen $17 million awarded to a whistleblower in return for their information. This is the second largest award ever given to an SEC whistleblower in the six years since the program was established as part of the Dodd-Frank Act that was created to avoid future issues damaging the financial industry in the U.S.
Labaton Sucharow offers a full service SEC Whistleblower program that has the advantage of being headed by experienced lawmaker Jordan A. Thomas, who was one of the authors of the Dodd-Frank Act that created the whistleblower program. Thomas has built an impressive team at Labaton Sucharow that looks to make sure each and every potential whistleblower has their case investigated before being presented to the Securities and Exchange Commission; a team of experienced financial experts, lawyers, and investigators combine their skills to make sure every aspect of the claims of a whistleblower are evaluated to provide the highest levels of success in the future.
The whistleblower attorney program at Labaton Sucharow has achieved large levels of success for a number of years and took advantage of the skills of the law firm in keeping the identity of the whistleblower secret during and after the case was brought to the SEC. Successful management of the case by the team created by Jordan A. Thomas has secured the identity of the individual whistleblower in this case to make sure they do not lose their position or become blacklisted for the future.
The SEC does not release details of individual cases involving whistleblowers where the individual bringing information about financial wrongdoings in the industry to make sure individuals do not face retribution from employers. Jordan A. Thomas has not only created a successful team of investigators and legal experts, but he has worked on a series of significant cases, such as the first whistleblowing by the officer of a company and a case of retaliation against an SEC whistleblower. The employment protection and guarantee of anonymity are two of the main causes the SEC whistleblowing team at Labaton Sucharow look to secure when they take on a case and bring it to the SEC.