October 1, 2012
Op-Ed in International Business Times: Political Response to Corruption May Lead to Watershed Moment in November
Labaton Sucharow
Is corporate corruption a top-of-mind issue for most Americans? It certainly is. Recent data from our 2nd Annual Ethics & Action Survey underscores that a majority of Americans not only see a causal connection between corporate misconduct and the economic crisis, but the political response to corporate corruption is likely to be a significant factor...
Articles & Perspectives
October 1, 2012
A Legal Circle Reaches Deep to Aid Obama
The New York Times
In the last year, law firms that represent whistle-blowers have hired several top S.E.C. officials who helped write those rules. They include Jordan Thomas, who has started a new S.E.C. whistle-blower unit at [prior firm]…”We have had hundreds and hundreds of inquiries,” said Mr. Thomas, who has sought out clients and promoted his firm’s practice...
In The News
September 25, 2012
Overwhelming Majority of Americans Oppose Corporate Corruption, So Why Aren’t Political Parties Listening?
International Business Times
A year ago, protestors gathered in New York City’s Financial District kicking off Occupy Wall Street, a grassroots movement protesting economic inequality, greed and corruption. With a rallying cry of “We are the 99 percent,” the protests quickly grew in size and spread to cities across the country. Ultimately, Occupy Wall Street has failed to...
Articles & Perspectives
September 24, 2012
Federal Whistleblower Programs at Work: IRS to Pay Whistleblower $104 Million
Labaton Sucharow
On the heels of the SEC’s announcement of its first whistleblower award, the IRS announced last week that it would pay one of its first awards—a startling $104 million—to a former UBS banker, Bradley Birkenfeld, who aided the government in connection with its investigation into the bank’s practice of helping wealthy U.S. taxpayers hide billions...
Articles & Perspectives
September 12, 2012
Rebel With a Cause?
The ABA Journal, a publication of the American Bar Association, has just announced its Legal Rebels for 2012. I was honored to be counted in the list of 11 Legal Rebels who come from a wide range of practices and firms across the nation. Now in its fourth year, this is the journal’s “annual nod...
Articles & Perspectives
September 12, 2012
SEC Whistleblower Program Stricter Than IRS Bounty Which Paid $104 Million To Felon, Former Official Says
Reuters
Thomas noted differences between the programs for rewarding individuals, even if they participated in the wrongdoing, who provide information that leads to the recovery of unpaid taxes and penalties, in the case of IRS tips, or fines and the disgorgement of ill-gotten gains, in the case of SEC whistleblowers. The SEC program allows for bounties...
In The News