There are many provisions that make the SEC Whistleblower Program effective and encouraging to whistleblowers. First, the program has introduced additional security measures that assure whistleblowers all the information shared is kept confidential until the case is pursued to completion. Through the anonymous reporting capability, whistleblowers are able to enjoy protection from bullying or any form of victimization.
Secondly, the SEC Whistleblower Program has come with a unique reward system that encourages whistleblowers to share information. One is assured to receive at least 30% from the sanction collected. Additionally, whistleblowers can report from any part of the world through the international reporting capabilities.
Win Your SEC Claim With A Leading Professional
Revealing pertinent information can protect the investors. The Securities Exchange Commission (SEC) has been working alongside the federal government to put a halt to securities fraud. They’re actively prosecuting violators of Securities Exchange laws. Distrust has caused individuals to be more hesitant in investing in their future or in stocks. The U.S. Treasury Departments says that financial fraud contributes to $56.4 billion in damages each year. The financial sector has a responsibility to the investors, employees, and the general public. SEC laws were implemented to enforce the prosecution of financial fraud.
A SEC whistleblower attorney is one of the few legal avenues you have against financial fraud. There may come a time when you would like to divulge this information, but an individual may fear retaliation from their employer. It takes bravery to report a crime that may cause you to be blacklisted. For this reason, hiring a quality professional is mandatory. They will fight for you agressively against the large financial corporation. It is also recommended by your attorney that you maintain your anonymity, but the decision is up to the client. You no longer have to be afraid to speak out when you witness something going on illegal on the job.
Amazingly, Labaton Sucharow is responsible for winning one of the largest settlements in U.S. history. His client was brave enough to come forward and Labaton used his expertise in the SEC laws to get his client everything they were entitled to. PRN Newswire was the first to report Sucharow dedicating his entire practice to SEC laws. The Dobb-Frank Act was created in 2010 by Congress to enact legislation against financial fraud. Labaton Sucharow has been a key figure in amending and upgrading these laws. Labaton tells PRN that continuously implementing SEC laws is important because they consist of a very complex set of rules.
What To Expect From A SEC Whistleblower Lawyer
– Free consultation
– No fees unless you win
– Legal expertise
The Dobb-Frank Act requires customers to get a portion of any sanctions collected over a million dollars up to 30%. A qualified SEC attorney will also pursue other agencies that have collected sanctions because of the information provided by a whistleblower. Huge financial corporations will have legal representation and you should also have someone by your side that has the legal expertise to fight against their counsel. Visit a local SEC legal professional in your area today.