Ex-Labaton Team Forms Firm For SEC Whistleblowers

For Law360, Sue Reisinger reports on the new law firm established by Jordan Thomas and colleagues, SEC Whistleblower Advocates PLLC – the nation’s first devoted exclusively to representing whistleblowers.

In addition to Jordan, who was a principal architect of the SEC’s whistleblower program during his time there, the firm also boasts four other former senior-level SEC attorneys: Richard Levine, former SEC associate general counsel; Michael Stevenson, former deputy general counsel of the Public Company Accounting Oversight Board and SEC senior special counsel; Timothy Warren, former SEC associate regional director; and Robert Wilson, former SEC deputy assistant director.

The article notes that whistleblower awards continue to reach record highs, and quotes Jordan for his description of the program as having “reached a level of maturity where a specialty legal firm can thrive.”  The article notes that, while the attorneys’ former firm is a great one, they saw a unique opportunity to seize in this moment.

Jordan predicts that his firm won’t be a one-of-a-kind for long.  “Five years from now, there will be a number of firms dedicated to SEC whistleblowers,” he said.

The new firm said it would operate in Washington, D.C., and New York City for now.