The Labaton Sucharow Law Firm is a highly reputable provider of whistleblower representation services. The company established its whistleblower representation service in 2010, and it has developed over time to be the best in the industry. It currently has staff who make its services exceptional, and its professionals include financial predictors, internal investigators, and forensic auditors. The firm recently informed the public that one of the clients that it represents was awarded $17 million by the Securities and Exchange Commission. The informant’s reward is usually set by the whistleblower protection laws, and it is 10 to 30 percent of the money that is gained by the commission as penalties.
The intelligence that was provided by the whistleblower assisted the SEC in discovering several illegal undertakings that were being committed by top firms in the financial sector. The SEC is usually keen on safeguarding the identity of the whistleblower, and therefore, it did not provide much information about the case since it may disclose the informant. The head of the whistleblower representation practice of Labaton Sucharow, Jordan A. Thomas, believes that it was right for the whistleblower to offer information to the SEC. Mr. Thomas was an assistant director of the SEC, and therefore, he has ample knowledge and experience in state and federal securities laws.
The Congress created the Investor Protection Fund, which has $400 million that is used for paying informants of the SEC. The commission also encourages foreigners to report cases, and therefore, it provides translators for individuals who do not understand English. The identity of the informant is always protected, and the attorney-client privilege safeguards the information that is provided by the SEC whistleblowers.
Labaton Sucharow has been offering legal services for the past 50 years. The company has been handling cases that deal with securities and the primary clients that it has been serving are organizational investors, consumers, and enterprises. It was a frontrunner in offering representation to informants, and its whistleblower program is currently well established to file proper litigations for the clients. Its employees are well informed on the enactment of the state and federal securities laws hence they can offer the best representation to the SEC informants. The Legal 500, Chambers and Partners and Benchmark Litigation have named the company as a top provider of legal solutions for the complainants.