After the passing of the protection plan, various law firms emerged in the United States with a primary aim of offering protection to the SEC whistleblowers. The Labaton Sucharow law company was among the first to be created, and it has been providing outstanding plaintiff representation to its clients. The whistleblower representation plan of the company has developed over time, and it currently has a competent structure for filling litigations. The firm has employed well-trained staff, and they include financial auditors, forensic analysts, and an in-house team of investigators. All these employees are well informed on the implementation of state and federal security law, and therefore, they can offer the best services.
The whistleblower representation plan of the Labaton Sucharow law company is managed by Jordan A. Thomas. He is well informed about the securities law since he is a former employee of the SEC. Mr. Thomas served the commission as an assistant director and the deputy principal litigation counsel of the firm’s Department of Enactment. The industry recognizes him for being one of the primary participants in the formation and implementation of the whistleblower protection program.
The rules of the whistleblower protection program demand that the Securities and Exchange Commission should offer at least 10 to 30 percent of the fines that it gets from the law breakers. The Doff-Frank Act safeguards the rights of the whistleblower by making it illegal for any employer to harass or fire the informant. The SEC advises the whistleblowers to ensure that they do not disclose their identity when reporting cases. They also allow attorneys to represent them so that their identity cannot be released. The Commission does not charge any consultation fees, and anyone can access it to offer information. Translators are given for free to assist foreigners who do not understand English. The SEC assures the informants that the information that they provide is protected by client-attorney privilege.