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Thought leadership isn't something that we periodically do, it's a fundamental part of our organizational DNA. We have always felt it was our duty to speak out against corporate wrongdoing and to speak up for whistleblowers. So when it comes to the SEC Whistleblower Program, we write, speak, tweet, post, moderate and educate more than any other firm in the world.

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January 18, 2016

SEC Issues Milestone Whistleblower Award

Jordan Thomas said while the SEC has used information from people outside of a company previously—he cited the help the agency received from former securities executive and financial fraud investigator Harry Markopolos to pursue Bernard Madoff—the agency wasn’t issuing awards at that time. Still, he said this latest award marks a “milestone” for the SEC...

January 15, 2016

First Award Given to Company Outsider

The Wall Street Journal

In a first for the SEC whistleblower program, on January 15, 2016, the Commission announced a $700,000 award to a company outsider who provided analysis and support to the Commission, ultimately leading to a successful enforcement action. The landmark award underscores the broad reach of the program, which extends well beyond current and former employees...

January 8, 2016

SEC settles with hedge fund billionaire Steven Cohen

The Washington Post

The settlement is a humbling end to one of the government’s most high-profile cases. The allegations against billionaire Steven A. Cohen weakened last year when prosecutors were forced to drop its case against former SAC Capital employee, Michael Steinberg. Steinberg, a longtime Cohen confidant, had been found guilty of trading on illegal tips involving technology...

December 22, 2015

Is This How Wall Street Cleans Up Its Act? Badly Behaved Banker List Raises Concerns

International Business Times

An effort is underway to create a master list of Wall Street bankers who have run into ethical issues on the job. The proposed database would help companies avoid hiring repeat offenders who have a habit of jumping from firm to firm. But advocates of stronger ethics on Wall Street question whether it’s possible to...

December 18, 2015

In Win for SEC’s Stein, JPMorgan Gets Conditional Waiver

Jordan A. Thomas spoke to various media, including The New York Times Dealbook, about the Firm’s whistleblower client who tipped the Securities and Exchange Commission (SEC) about JPMorgan’s illegal mutual fund sales to private banking clients. This could potentially lead to the biggest payout to date by the whistleblower program set up by the Dodd-Frank...

December 5, 2015

The age of the whistleblower

Whistleblowing has been on the increase since the 2007-08 financial crisis sparked a crackdown on corporate corruption and collusion. The number of tips received by the “Whistleblower Office” of America’s Securities and Exchange Commission (SEC) has risen steadily since it was opened in 2011, to nearly 4,000 a year. “We live in the age of...

December 2, 2015

Banks Face Ongoing FCA Threat Despite Likely Dip in Fines

According to the Justice Department, whistleblowers filed more than 700 qui tam actions in fiscal 2014, the second year in a row to top that number. “Workers in the financial sector are starting to understand the potential rewards for reporting bad behavior at their firms,” said Jordan Thomas, the leader of [prior firm][‘s] whistleblower representation...

Variable Annuities—An Introduction

“This SEC Office of Investor Education and Advocacy Investor Bulletin provides some basic facts about variable annuities and how they work. Variable annuities are complex products, and this Investor Bulletin focuses solely on the basics.”

November 20, 2015

5 Tips for Potential Whistleblowers

The New York Times

In an article in The New York Times, Jordan Thomas set out five tips prospective whistleblowers must keep top of mind while weighing the decision to report wrongdoing. Perhaps most important is that individuals must pay close attention to what information they report, to whom and when. Jordan also suggests “you don’t have to be...

Articles & Perspectives

November 17, 2015

Whistleblower Tips Skyrocketed in 2015

Jordan Thomas, a partner at [prior firm] who represented two of this year’s award recipients, attributes the increase in tips to more awareness of the program. He also notes that “awareness has grown exponentially as the awards have gotten bigger.” And indeed the biggest ever reward of $30 million was doled out in September 2014...

November 13, 2015

Whistle-Blower Defendants Won’t Seek High Court Review

In the Neo@Ogilvy case ruling, a divided U.S. Court of Appeals for the Second Circuit concluded in September that a plaintiff needn’t bring his or her concerns to the Securities and Exchange Commission to be considered a whistleblower for Dodd-Frank Act anti-retaliation protection purposes. The decision doesn’t spell bad news for whistle-blowers said New York...

October 27, 2015

Trend Seen Toward Growing Whistle-Blower Protections

Bloomberg BNA Securities Law Daily

A new rift in federal circuit courts’ interpretation of whistleblower protections under the Dodd-Frank Act is a prime candidate for Supreme Court review, even though the potential timing of any high court action is far from certain. “It wouldn’t surprise me if there’s a delay” before the issue reaches the Supreme Court, Jordan Thomas, the...

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Featured

Whistleblowers Represented by Jordan Thomas Earn Largest SEC Whistleblower Awards in History

New York, NY (March 19, 2018) – The Securities and Exchange Commission today announced that it will award a group of whistleblowers more than $83 million, the largest awards announced since the SEC Whistleblower Program was established seven years ago. Represented by Jordan Thomas, the whistleblowers’ tips led to a landmark enforcement action that resulted in Merrill...

Once an SEC Regulator, Now Thriving as a Lawyer for Whistleblowers

The New York Times

In a profile piece published in The New York Times, Whistleblower Practice Chair Jordan A. Thomas talks about his decision to travel “the road not taken,” and how it has benefited those in difficult professional positions. After dealing with a traumatic upbringing and seeking emancipation from his parents at the age of 15, Thomas went...

2019 Half-Time Report
The SEC Whistleblower Program: Where Wall Street Answers to Main Street

We are pleased to bring our clients and friends a midyear report to highlight key awards, trends and issues of import in the SEC whistleblower arena. It’s an exciting time for whistleblowers, and, by extension, investors at large. Since the program’s roll-out, the Commission has received nearly 30,000 tips from 119 countries. Most remarkable, as...

Articles & Perspectives

NPR Features Jordan Thomas on Planet Money Podcast, “The Whistleblower Whisperer”

NPR Planet Money

Leading SEC whistleblower attorney Jordan Thomas was featured on NPR’s Planet Money podcast. In the episode “The Whistleblower Whisperer,” Jordan tells Planet Money co-host Jacob Goldstein about his work representing whistleblowers who provided evidence to the SEC that led to landmark enforcement actions against Wall Street’s biggest banks, including Merrill Lynch and JP Morgan. Jordan also...

October 5, 2018

Jordan A. Thomas Named Whistleblower “Lawyer of the Year”

New York, NY – October 5, 2018 – [Jordan Thomas][prior firm][‘s] is pleased to announce that its leading SEC whistleblower attorney Jordan A. Thomas, a principal architect of the SEC Whistleblower Program who established the nation’s first law practice exclusively focused on SEC whistleblowers, has been named a 2018 “Lawyer of the Year” by the Taxpayers...

Named one of the top whistleblower practices/attorneys in the country by The New York Times, Wall Street Journal, NPR and The New Yorker

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