LANDMARK LAWSUIT FILED AGAINST SEC TO PROTECT ALL WHISTLEBLOWERS

Why Recent Reforms Are Good For Business

News 12 Connecticut sat down with Jordan Thomas early this year to discuss the SEC Whistleblower Program recently enacted under Dodd-Frank. The reforms carry heightened interest in regions that are home to large numbers of major corporate and financial services entities. Connecticut, specifically, has a high concentration of hedge funds, which Thomas explained face heightened scrutiny by federal regulators and law enforcement. Should this be a cause for concern for regions looking to entice business to stay and prosper, fostering jobs and commercial stimulus? Thomas remarked that reputable organizations have nothing to fear from recent legislative reform efforts and new enforcement initiatives. To the contrary, organizations should be motivated to examine their operations and build strong and transparent workplace environments; efforts that carry lasting and meaningful benefits for employees, shareholders and, of course, the public. The interview also addressed how individuals who may be complicit in workplace misconduct may come forward to cooperate with the authorities in the investigation of possible violations of the law. While at the SEC, Thomas played a leadership role in the development of both the Whistleblower Program and the Cooperation Program; both initiatives provide incentives and protections for individuals to work with authorities to expose misconduct, even if the individuals may have potential liability. For more in-depth analysis, see the television report below in its entirety:

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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