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

February 20, 2014

SEC Defends Internal Whistleblower Protections At 2nd Circ.

Following an amicus brief filing by the SEC in which the agency told the Second Circuit that the anti-retaliation provisions of the Dodd-Frank Act apply to both employees who report misconduct directly to the SEC as well as to those who report misconduct internally, Jordan A. Thomas noted that the enforcing whistleblower protections are of...

February 6, 2014

SAC’s Martoma Found Guilty of Insider Trading

The Washington Post

Regarding whether or not Mathew Martoma will implicate his former boss and hedge fund billionaire owner Stephen Cohen, Jordan Thomas, Partner and Chair of the Whistleblower Representation Practice at [prior firm] says, “…if he’s facing many years in jail, he could choose to cooperate. His value to the government is less because he’s told one...

January 27, 2014

Whistling Down the Wind: The Pitfalls and Possibilities of the Dodd-Frank Whistleblowing Program

“The program is off to a great start,” he says, speaking of the whistleblower provision of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. “Compare it to other programs, like the IRS Whistleblower program, took a long time to get off the ground. In the very short time of its existence, the SEC...

January 27, 2014

Why 2014 Could be Huge for Corporate Whistleblowers

The Wall Street Journal

The agency has handed out only one large award since the program’s inception in 2011, but officials have promised more big bounties soon. The number of whistleblower tips submitted to the agency will also continue to grow, predicts Jordan Thomas, partner and chair of the whistleblower representation practice at [prior firm].

December 17, 2013

SEC Fines Hit Record $3.4B In 2013

“The fact that they’re opening so many investigations suggests that the quality of tips they’re receiving is improving,” Thomas said Tuesday. “Part of that is due to the success of the whistleblower program. The SEC has also become far more sophisticated in collecting and analyzing data.” In the past, the SEC had to collect evidence...

December 12, 2013

Justice Department Benefits from SEC Whistleblower Tips

Risk & Compliance Journal

Individuals submitting whistleblower tips to the SEC often also send them directly to the Justice Department. The SEC can also refer a case stemming from a tip to the Justice Department and pass on the actual tip if the whistleblower consents, said Jordan Thomas, partner and chair of the whistleblower representation practice at [prior firm],...

December 5, 2013

A whistleblower wants to take away private equity’s ‘crack cocaine’

“For almost a decade, many of the largest and most prominent private equity firms appear to have chosen to increase their bottom line without subjecting themselves to the oversight, limitations and expenses of the required broker dealer regulatory regime,” Thomas said. He estimates that private equity firms have made more than $2 billion dollars in...

December 2, 2013

Private Equity Has a Whistleblower Problem

Thomas says that he has no personal opinion on the appropriateness of transaction fees in general, but clearly believes that private equity firms have been violating securities laws by charging them without first registering as broker-dealers. And given how much money private equity firms are managing – not to mention those on the other sides...

December 1, 2013

Whistle-blower Tries to Shed Light on Private-Equity Transaction Fees

Crain's New York Business

Now a senior private-equity insider is trying to shine light on these little-known payments, which can constitute a sizable slug of revenue at the firms. The insider filed a whistle-blower complaint earlier this year with the Securities and Exchange Commission in which he contends that private-equity firms are violating federal securities law because they are...

November 25, 2013

Is the SEC’s New Enforcement Zeal for Real?

SEC Chairman White publicly declared her intent to get tougher on Wall Street. Bloomberg columnist William D. Cohan believes [Jordan Thomas][prior firm][‘s] Deutsche Bank whistleblower suit may be the case that illustrates the new SEC administration’s position. Although Ben-Artzi’s complaint is confidential, his attorney, Jordan Thomas, a partner at [prior firm] and a former senior...

November 19, 2013

Awards, Legal Protection Incentivizing More Whistleblowers, SEC Reports

Corporate Secretary

In fiscal year 2013, the SEC has paid out $15 million to whistleblowers with information on securities fraud that lead to successful enforcement. The number of tips from whistleblowers in and outside of the US continues to grow each year. “Given the global nature of the financial markets, it makes sense that so many complaints...

November 18, 2013

Corporate Whistleblowers: Canadians, Chinese, & Brits, In SEC Whistleblower Program Report

International Business Times

Tips from international sources grew more than 18 percent from the last fiscal year, said whistle-blower specialist and attorney Jordan Thomas to International Business Times. “Given the global nature of the financial market, it’s not surprising that the SEC is seeing tips from outside the U.S.,” said Thomas to IBTimes on Monday. In fiscal 2013,...

Previous
1
…
15
16
17
18
19
20
21
…
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.