Labaton Sucharow reacted to the sweeping legislation and became the first law company in the nation to create a practice focused on protecting the rights of SEC whistleblowers. The Whistleblower Representation Practice was built on a strong foundation of industry-leading securities ligation. It has an excellent in-house team of financial analysts, forensic accountants, and investigators. This team of specialists has long-term experience of enforcing state and federal law hence provides unmatched representation for Whistleblowers. They work tirelessly to ensure whistleblowers can report possible violations without fear of losing their jobs or being discriminated in workplaces.
Jordan Thomas, practice manager
Jordan Thomas is the head of the Whistleblower Representation Practice. Previously, he served as the Assistant Chief Litigation Counsel and Deputy Director of the SEC’s Division of Enforcement. At the SEC, he pioneered the creation of the Whistleblower Program.
About the Whistleblower Program’s rules
The rules require the SEC to pay qualified whistleblowers between 10 and 30 percent of the money collected after successful implementation actions whereby monetary sanctions surpasses the $1 million mark. If this threshold is achieved, whistleblowers may be entitled to additional awards depending on the collected monetary penalties in similar actions reported by other law enforcement organizations. The rules protect employees who report misconducts or securities laws violation from any form of retaliation and discrimination from employers. Additionally, the rules allow the whistleblowers to bring forward securities violation anonymously through an attorney representation.
The Whistleblower Representation Practice provides an opportunity for interested whistleblowers to request for a case evaluation. Case evaluation requests can be made via telephone, electronic submissions via their website, and email. The representation team handles calls, email, and online chats from clients in a professional manner. Initial case evaluations as well as consultations are offered free of charge and are confidential. While the provision of names of potential securities violators is highly encouraged, individuals are allowed to do so willingly.