LANDMARK LAWSUIT FILED AGAINST SEC TO PROTECT ALL WHISTLEBLOWERS

In The News

In 2011, after the SEC unveiled a first-of-its-kind investor protection initiative, we stepped into the spotlight, establishing the nation’s first standalone practice exclusively focused on SEC whistleblowers. Since then, in addition to precedential wins, significant expansion and pivotal roles in domestic and international whistleblower legislation and rule-making, our practice has been front and center, staking new ground, elevating the program’s profile and regularly making news.

Search

SEC Declares Open Season on Employee Agreements

In several recent articles, former Securities and Exchange Commission (SEC) official Jordan A. Thomas commented on the SEC’s first action against a company penalizing the technology and engineering firm KBR for forcing employees to sign “restrictive” confidentiality agreements. According to Jordan, “These problematic agreements are widespread and growing.” “The use of employment agreements to silence...

SEC Says Confidentiality Agreements May Have ‘Muzzled’ Whistleblowers at Top Government Contractor

The Washington Post

In several recent articles, former Securities and Exchange Commission (SEC) official Jordan A. Thomas commented on the SEC’s first action against a company penalizing the technology and engineering firm KBR for forcing employees to sign “restrictive” confidentiality agreements. According to Jordan, “These problematic agreements are widespread and growing.” “The use of employment agreements to silence...

SEC Fires Warning Shot About Confidentiality Agreements

The New York Times

In several recent articles, former Securities and Exchange Commission (SEC) official Jordan A. Thomas commented on the SEC’s first action against a company penalizing the technology and engineering firm KBR for forcing employees to sign “restrictive” confidentiality agreements. According to Jordan, “These problematic agreements are widespread and growing.” “The use of employment agreements to silence...

February 25, 2015

New York’s Top Cop Wants to Pay and Protect Whistle-Blowers

The New York attorney general is seeking to build support among New York lawmakers for his proposal, which would allow for rewards if information from whistleblowers leads to penalties and fines of more than $1 million. “This is a very strong endorsement of the SEC’s program, and more cops on the Wall Street beat can...

January 23, 2015

Big Whistleblower Predictions for 2015

The Wall Street Journal

The SEC will likely continue to focus on whistleblower retaliation, said Jordan Thomas, partner and head of the whistleblower representation practice at law-firm [prior firm]. “It’s becoming a standard area of inquiry with cases involving whistleblowers,” he said. Last year, the agency brought its first-ever whistleblower retaliation case against a hedgefund advisory firm.

December 5, 2014

U.S. judge tosses whistleblower lawsuit in latest split over protection

In a recent decision in which a judge ruled that a whistleblower did not qualify for whistleblower protections under the 2010 Dodd-Frank financial reforms because he did not report his concerns to the U.S. Securities and Exchange Commission (SEC) before the retaliation is said to have “exacerbated” a split among federal courts about the reach...

November 25, 2014

Lawyers remain sceptical over SEC administrative proceedings

Global Investigations Review

Jordan A. Thomas sheds light on the criticism surrounding the Securities and Exchange Commission’s decision to use administrative proceedings But former SEC assistant director Jordan Thomas said critics cannot have it both ways. “The SEC is stuck between a rock and a hard place,” he said. “People criticize it for not doing more enforcement and...

November 25, 2014

GOP, Obama Could Team Up on Whistleblower Protections

The Wall Street Journal

Jordan A. Thomas, chair of the whistleblowing practice at [prior firm], said whistleblowers are a good issue for both parties. Republicans can tout the use of whistleblowers as a way for agencies such as the Securities and Exchange Commission to be more efficient and effective in its enforcement actions, he said, while Democrats can support...

November 19, 2014

Are financial whistleblowers worth it? Study says yes – to the tune of $21.27 bn

The financial rewards encourage people who have more evidence of wrongdoing to come forward, said Jordan A Thomas, partner and Chair of [prior firm][‘s] Whistleblower Practice. Jordan previously worked on development of the Securities and Exchange Commission’s (SEC) whistleblower program. The monetary awards under the program can help with some of the risks whistleblowers face,...

November 18, 2014

SEC Whistleblower Program Gaining Steam, But Too Late for Alayne Fleischmann

“Had Alayne Fleischmann participated in the SEC’s Whistleblower program, she could have received a percentage of the $13 billion fine (JPMorgan ultimately agreed to pay) and her job would have been protected,” said Jordan Thomas, chair of the whistleblower representation practice at [prior firm]. Unfortunately for Alayne Fleischmann, the program was not in operation until...

November 4, 2014

U.S. Regulators Increase Scrutiny of Severance Pacts

The Wall Street Journal

According to the report, in fiscal year (FY) 2014 the SEC received 3,620 whistleblower tips, up from 3,238 in 2013 and 3,001 in 2012. Additionally, in FY 2014, more than 80 percent raised concerns internally to their supervisors or compliance personnel before reporting. It ‘‘is kind of a bittersweet thing,’’ remarked Jordan Thomas, head of...

November 3, 2014

Minority Powerbrokers Q&A: Whistleblower Advocate Jordan Thomas

Law360’s Minority Powerbrokers Q&A series features insight and experience stories from leading diverse lawyers.

Previous
1
…
10
11
12
13
14
15
16
…
26
Next

Featured

February 10, 2020

Jordan Thomas Recognized as a 2020 Top Thought Leader in Trust

Whistleblower Representation Practice Chair Jordan Thomas has been named a Trust Across America 2020 Top Thought Leader in Trust. A multi-year award winner, Jordan joins corporate leaders, academics and researchers who transform the way organizations build and operate their businesses. Describing Jordan’s work, Trust Across America wrote “And what if the SEC could tap the...

February 1, 2018

A Conversation with Jordan Thomas: The Origins of the SEC Whistleblower Program

Labaton Sucharow LLP

How to avoid the next financial crisis? How to detect the next fraud and deter the next fraudster? These questions plagued regulators, law enforcement, legislators and the public at large following the collapse of the global economy in 2008. One idea that would prove to be prescient and, in its execution, extraordinarily successful, was the...

Webinars, Videos & Podcasts

Labaton Sucharow Wins National Law Journal Elite Trial Lawyers Award for Securities Litigation

— Firm’s immigration pro bono efforts also recognized as the best in 2019 The National Law Journal has recognized Labaton Sucharow’s securities litigation practice as one of the best in 2019, earning the publication’s most prestigious plaintiffs’ bar award of the year. The NLJ’s annual Elite Trial Lawyers award honors the law firms that have demonstrated repeated success in...

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

Thank you for submitting some email to us.