Labaton Sucharow, which has been working with whistleblowers since the establishment of the SEC Whistleblower Program has achieved tremendous success for the over five years the company has partnered with the Securities Exchange Commission. This is the first legal practice in the country that is dedicated to working with whistleblowers to help them present their facts easily and achieve success.
In the whole process of catering for the needs of whistleblowers, Labaton Sucharow allows them to understand the content of their cases and the possible margin of compensation they are likely to earn. They also review facts to ensure only relevant information is shared with the SEC for consideration.
One of the most recent achievements that Labaton Sucharow is celebrating is the achievement of success among one of their clients, who won a case and walked home with over $17 million, the second largest stake since the SEC was established in 2010.
Now serving its sixth year, the SEC Whistleblower Program has been a champion against the violation of securities laws as highlighted in the federal regulations. The payment they made to the Labaton Sucharow client represents a small fraction of the many awards they have offered to whistleblowers who have come out and exposed wrong doings in different industries. The whistleblower shared information about the violations that have been perpetrated for many years in the financial services industry.
Few would dare to expose such ills because of the individuals mentioned in the cases but the whistleblower was bold enough to present the facts without fear. The $17 million reward was deserving because the whistleblower provided high-quality materials that were first checked and verified by Labaton Sucharow.
About the SEC Whistleblower Program
The SEC Whistleblower Program was born in 2010 after the Dodd-Frank Consumer Protection Act was revised to include more reporting procedures and capabilities for whistleblowers. Previous measures could not capture cases of violations, so the federal government came up with the program to strengthen their efforts in the fight against securities violations.
About Labton Sucharow
Labaton Sucharow is a law firm that has served in different areas of law for more than four decades. It is only recently that they dedicated one of their wings to the fight against securities violations, which is helping whistleblowers to present their facts easily. The company is made up of professionals in different areas including financial analysts, experienced attorneys, investigators and forensic accountants.
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