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Large Payout Shows The Benefits Of Labaton Sucharow’s SEC Whistleblower Program

The SEC Whistleblower program has been looking to bring increased success to the prosecution of those who are found to be breaking the rules and regulations of the SEC on the financial markets. The latest success being celebrated by the SEC Whistleblower attorney program of Labaton Sucharow is a $17 million payout for an individual who provided information leading to heavy fines levied against a company; the SEC Whistleblower program provides between 10 and 30 percent of any fines for whistleblowers who play a major role in the prosecution of financial irregularities. Learn more here.

Over the course of the last six years the SEC Whistleblower lawyer Jordan A. Thomas has assembled an impressive team to assist with his leadership of the cases brought to him by whistleblowers. Mr. Thomas finds himself at an advantage over his fellow attorneys as he was an author of the Frank-Dodd Act that laid down the basis of the SEC Whistleblower program, and established the $400 million fund used to pay monetary rewards for each whistleblower. The fund is just a small part of the framework Jordan A. Thomas helped create for the SEC Whistleblower program that also ensures each individual has their employment and identity protected for the future.

The $17 million payout for an individual the Labaton Sucharow law firm represents is the second largest in the history of the program, which shows just how effective the law firm is at working within the SEC Whistleblower program. Jordan A. Thomas and his team have been working to make sure they are aware of every aspect of the whistleblower program, including the ability of the law firm to make sure each and every individual has the chance to remain anonymous during their time in the program; the team has already worked on a case where a whistleblower was identified and victimized by their employer.

Unlike many of their contemporaries the team at Labaton Sucharow are interested in protecting the future of each individual whistleblower, which means they are willing to examine every case in detail before making a decision about moving on to the next steps of entering the SEC Whistleblower program.