Imagine the conundrum. You are a banker working at one of the country’s largest public financial institutions. During your everyday activities, you stumble upon evidence of criminal wrongdoing. Perhaps it is fraud that is affecting thousands of people or it is unethical business practices that scam money out of investors. No matter the criminal activity, you instantly recognize it for what it is because you work in the industry.
These protections allow you to remain anonymous while you turn evidence over to the federal government through an SEC whistleblower attorney. This anonymity allows you to continue to work at your institution, protecting your career and your identity.
But why would you risk such a thing? That answer also lies in the Dodd Frank act. In an attempt to incentivize SEC whistleblowers to come forward, the government has agreed to pay 10 to 30% of the fines collected against the public financial institution to the SEC whistleblower. This incentive payout only comes if the fines total more than $1 million. But Jordan A Thomas at Labaton Sucharow LLP believes you can get even more money for turning evidence against your employer. The experienced SEC whistleblower lawyer can get you a share of the fines collected by other law enforcement agencies.
Labaton Sucharow LLP recently got an anonymous SEC whistleblower client a $17 million payout for turning evidence against a public financial institution. This payout came as a percentage of the fines collected by the federal government from the institution. The SEC whistleblower also remained anonymous through the entire proceedings. And the $17 million payout is the second largest in SEC whistleblower history.
They were the first law firm to develop a specialized wing dealing with SEC whistleblower protection. They recruited only the best and carry a professional staff of seasoned veterans. The SEC whistleblower protection program is run by Jordan A Thomas. Mr. Thomas has extensive experience in SEC enforcement as he used to work at the Securities and Exchange commission in the enforcement department. The government even turned to Mr. Thomas to get help crafting the whistleblower protection provisions found in Dodd Frank. His intimate knowledge allows him to protect SEC whistleblowers like no other lawyer.