The latest success achieved by the Labaton Sucharow law firm SEC whistleblower department sees the group headed by Jordan Thomas announce the second largest payout ever provided to a whistleblower over the history of the program; the SEC now provides whistleblowers with the chance to be rewarded with a major financial reward depending on the quality of the information received that can be rated between 10 and 30 percent of any fines levied against financial companies or individuals. The $17 million payout for the latest whistleblower represented by Labaton Sucharow shows the success of the law firm in this area as the company looks to develop a consistently successful SEC whistleblower program.
Labaton Sucharow have developed their own team to assist any whistleblower bringing information about irregularities within the financial industry and work within the rules laid down by the SEC program to protect those bringing information to the attention of the financial authorities. A major aspect of the SEC whistleblower lawyer program at Labaton Sucharow is dedicated to the protection of individuals from having their identities revealed and facing victimization; the Dodd-Frank Act went to great lengths to protect whistleblowers, including not revealing which cases were using information receioved from whistleblowers. The dedicated team at Labaton Sucharow have a great deal of experience in protecting the identity of individual whistleblowers and fighting those employers who have abused their power by victimizing whistleblowers who have been identified in the past.