LANDMARK LAWSUIT FILED AGAINST SEC TO PROTECT ALL WHISTLEBLOWERS

SEC Whistleblower Award Total Reaches Record High

Jordan A. Thomas comments on recent research findings regarding suspected reporting and disclosure violations

Securities and Exchange Commission actions against public companies or their subsidiaries have grown significantly, according to a recent NYU Pollack Center for Law & Business and Cornerstone Research report.

Issuer reporting and disclosure remained the most common allegation, present in 26 percent of public company related actions, the report noted. Partner Jordan A. Thomas explained that he wasn’t surprised by the findings of this recent report when speaking to BNA Securities Law Daily and explained that suspected reporting and disclosure violations are the number one tip provided by SEC whistleblowers. He added that high quality whistleblower tips have been a major contributor to the large number of issuer reporting and disclosures cases brought by the agency.

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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