In the year 2010, there was a congress that was enacted by the Wall Street reform Dodd-Frank as well as a consumer protection act that became the sweeping overhaul of the entire United States of America of the financial regulation since the greatest financial economic recession. One of the many reforms that the program brought about is the Dodd-Frank enactment that has ever since established a whistleblower kind of program that provides the most outstanding protection to all employments as well as financial incentives for all that report any kind of violations of the security federal laws to the \sec (securities and exchange commission).
Responding to this great litigation n history, lebaton Suchraw became the very first law company to establish one such kind of a practice that is focused in practicing, advocating and protecting the all SEC whistleblowers in the entire nation. The firm started building on the market securities platform for litigation, the law firm representation provides the kind of leverage that and also with state and federal law enforcements in providing unparalleled world class team of investigators as well as forensic accountants with state and federal law experience in providing representational solutions to the masses.
This law firm is under the leadership of Jordan A. Tomas who is the former assistant chief litigation and the assistant director of the SEC enforcement act division in counsel. During his serving period at the SEC, he played a major role in leading the development of the entire program that is now entailed as the whistler bower program that is recognized nationwide. This includes the legislation proposal drafting as well as the final implementation rules.
Under the program rules, the SEC therefore has a mandatory rule that they are required to pay the whistleblowers a sum that ranges between ten and thirty percent of the monetary sanctions that are brought forward after collection as a result of the successful actions in relation to enforcement where the sanctions are more than one million dollars. If this minimum threshold is met by the actions, the whistlerblowers will therefore be eligible for more awards that are added to the money and that is entirely based only on the collected sanctions brought by other law enforcement and regulatory organizations. The dodd-frank program is one that bans employers retaliation against the whistleblowers reporting to the SEC pursuant to the rules of the program. If represented by a lawyer, the employees can report security violations anonymously.
Learn about the SEC Whistleblower lawyers