Category Archives: Lawyers

SEC Whistleblower’s Program Giving a Second Award

This past summer, it was announced that the second largest SEC Whistleblower Award of over $17 million was granted to a client of the law firm, Labaton Sucharow LLP. The client reported of the wrongdoings within the financial services industry. Also, the client chose to remain anonymous to avoid blacklisting and retaliation. As a matter of fact, the SEC doesn’t disclose specific cases that the whistleblowers played a role in to prevent indirect identification of the whistleblower.

Jordan Thomas, noted leader of SEC whistleblower lawyer team, and his team secured a expansive monetary award for a client who reported wrongdoing in a high profile case. He also represented a public company’s first officer in receiving a whistleblower award. And in another instance, Thomas worked on the first case where the SEC successfully charged an employer for retaliation towards a whistleblower.

Thomas stated that his client whistle blew when others within that industry were content in remaining silent and allowing the harm opposed on investors. Thomas, also being the Chair of the Whistleblower Representation Practice of Labaton Sucharow, predicted that many SEC’s biggest and most significant cases will result from courageous whistleblowers for years to come.

Because of the incentives and unique protection provided by the SEC Whistleblower Program, eligible whistleblowers, like the client of Labaton Sucharow, are able to report possible violations of federal securities anonymously along with having the opportunity to gain extensive monetary awards and employment protection. And to ensure the availability of adequate funds for awards, Congress established an Investor Protection Fund that is replenished and has a current balance of over $400 million.

This is the 6th year of the SEC Whistleblower program. In this program, eligible whistleblowers are able to receive from 10 percent to 30 percent of the entire monetary sanctions collected from a successful enforcement action.
About Labaton Sucharow LLP

For over 50 years, Labaton Sucharow has been one of the nation’s premier law firms that comprehensively represents institutional investors, businesses, and consumers in complex business and securities litigation. They build on their platform of market leading securities litigation, and their practice leverages a leading, in house team consisting of financial analysts, investigators, and forensic accountants. Their team is equipped with state and federal law enforcement expertise to offer unparalleled whistleblowers’ representation. Labaton Sucharow, www.labaton.com, is consistently ranked among the top plaintiff litigation firms according to The Legal 500, Chambers & Partners, Benchmark Litigation, and The National Law Journal Plaintiffs’ Hot List.

Labaton Sucharow and Big SEC Clients

Labaton Sucharow is a law firm that is dedicated to people who want to report issues with the SEC from their internal system. The law firm works with whistle blowers to ensure that they feel that they are going the right path to make a report and to make sure that they are talking to the right people. The law firm is also able to represent whistle blowers in the event of any court cases or with any information that they have to take to the SEC. They work only with SEC whistleblowers to make sure that they go down the right path.

While Labaton Sucharow is a great SEC whistleblower attorney, they have not always been this way. They were once a business law firm. Before the SEC whistle blower program was created, Labaton Sucharow worked with businesses to make sure that they were able to run their business successfully. They helped set up businesses, find permits and ensure that the business was running properly. While they were working as business attorneys, they learned a great deal about what they were able to do as attorneys and more about the world of business including the SEC.

The SEC has always had problems with internal theft. This is because people are granted access to a huge amount of money. They may not think that it makes a difference but they also know that they can get away with it. They even pay off some of the lower SEC employees to ensure that they are able to keep stealing the money. This is a problem for the SEC and one that they recently addressed by creating the SEC whistleblower program that rewards people for reporting information on what is going on in the SEC and what can be done about it.

When it comes to the SEC whistle blower program, Labaton Sucharow is able to actually help the whistleblowers. They had a case where their client won the second-largest reward from the SEC for blowing the whistle on unfair practices within the SEC. This was done with the help of the law firm and would not have been possible if the person had not made the decision to go to the law firm for help. They were able to bring the reward to the person and stop major issues that were happening within the internal system of the SEC.

Debunking Labaton Sucharow’s Whistleblower Program

When the United States Congress ratified the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010, not many people knew that it would have a rippling effect in the financial services industry. The law has however, managed to completely reform the industry. It paved way for the establishment of a whistleblower program. This program provides significant financial incentives and employment protection to individuals who report financial indiscretions to the Securities and Exchange Commission.

Labaton Sucharow was among the first law firms to comply with the act. As soon as the act was ratified, the firm started a whistleblower program under the leadership of Jordan A. Thomas. The program advocates the rights of SEC whistleblowers. The success that the practice has had during its existence is credited to a team of dedicated professionals. These financial, forensic and legal experts work round the clock to offer consummate representation to whistleblowers. The practice vouches for anonymous representation, employment protections, and maximum monetary awards to the whistleblowers. This is what has made Labaton Sucharow to stand out from other law firms.

Anonymous Reporting

Labaton Sucharow ensures that whistleblowers’ identities are concealed. This safeguards them from possible retaliation. The act of whistleblowing requires courage. Besides this, it is a difficult decision, professionally and personally. Revealing the identity of whistleblowers can have negative consequences. More often than less, those who report wrongdoings are seen as social misfits. They may end up getting stigmatized due to their actions. To avoid such ramifications, Labaton Sucharow’s whistleblower program has a provision for clients to anonymously report violations to the SEC. This is bound to encourage other courageous individuals to come forth, and report violations.

Employment Protection

Most whistleblowers are individuals who work within organizations. Employees can easily pinpoint violations within an organizations. Unfortunately, most of them fear coming forth to report the misgivings. Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, employers cannot discharge, suspend, demote, or threaten whistleblowers who report shady deals. Whistleblowers are eligible for comprehensive employee protection, whether their disclosures lead to enforcement action or not. Whistleblowers who are subjected to any form of workplace discrimination or retaliation, are also free to report their employers.

Learn more about the SEC Whistleblower lawyers

Is The SEC Whistleblower Attorney For You?

There has recently been a heft decline in employment opportunities and the like. This is mainly do to the declining economy that is getting worse by the day. Due to this, many public and private employers have been breaking federal laws in order to find themselves in a better financial state.

After many complaints, the government decided to act upon the Dodd Frank Wall Street Reform and Consumer Protection Act. That put forth information that any one with knowledge of businesses breaking federal laws should report them to the Securities and Exchange Commission. Once this information was provided, these individuals would receive compensation for their testimony. This compensation came in the form of a financial boost, the government to step in and make sure the individual did not lose their job, and more.

People in America could not believe the government could put such a law in place. The government stated that they must think of the people and the consumers, in addition to public and private businesses. The government also tried several attempts to change the system before putting the act into law, but nothing worked.

However, this whistleblower program took a turn for the worst when individuals names were known for giving their testimony. These individuals complained to the government that this was violating their rights, but the government stated by law they have to release this information.

At this time, Attorney Jordan A. Thomas started a firm specifically for whistleblowers. If this information was given to an attorney, the attorney can consult the government without giving the names of the whistleblowers. This caused people to flood in by the hundreds with various complaints regarding federal laws being broken.

What made this even more interesting is the fact that Attorney Jordan A. Thomas worked for the government when this whistleblower program was put into effect. Attorney Thomas was the last person to touch the newly completed act before it was signed into law. This is why people were so comfortable coming to him. These individuals knew that he knew the law inside and out, and he would make sure none of their information was made know.

Many people in America applaud Attorney Thomas for putting his own name on the line and not letting anyone else be involved in it. Attorney Thomas believes in a fair America where all people have the same chance of success and are treated equally.

Family Attorneys Help Their Clients Get the Best Outcome

More and more individuals are getting a divorce in the state New York based on no-fault grounds. No-fault grounds became available in 2010. The state of the New York was the last state to make these grounds available. Normally, when no-fault grounds are filed for a divorce, the reasons that are stated usually include incompatibility or irreconcilable differences. In this case, neither the wife or the husband blames the other for the deterioration of their marriage. In a case like this, some couples wonder whether it is a good idea to hire New York attorneys to help them with their divorce or not. In almost all cases, it is always beneficial to get legal assistance from a family law or matrimonial attorney. This is going to ensure that neither one of the individuals is taken advantage of and that they are protected later on from a family lawsuit.

The other option is to file a fault divorce in the state of New York. In this case, some of the reasons that may be stated include physical or mental cruelty, drug addiction, alcoholism, attempted murder, or even the infection of venereal disease from one spouse to the other. In this instance, it is especially important to hire a family law expert like Ross Abelow. He attended the Brooklyn Law school and is an expert in matrimonial and family law. He works with clients in the New York City area. When a fault divorce is filed, both parties need to have a legal representative helping them. They are not legally required to do so, but if they want the best outcome, they are going to get the best lawyer to help them.

Something that New York attorneys are going to be able to do is help couples determine how assets will be divided. If they are not able to come to an agreement on their own, the courts will take over and make the decision for them. A qualified attorney like Ross Abelow will be able to use his knowledge and experience to help a client who is going through a divorce to protect their assets now and in the future.

One area where things can become especially complicated during a divorce is when it comes to deciding on child custody. This is another area where the courts will make the decision if the parents cannot agree on something. An experienced attorney will help their clients get the best possible outcome in the case.

Brazil Provides an Abundance of Qualified Lawyers

Brazil Offers Many Law Schools
Brazil is well-known for providing numerous law schools that produce qualified and skilled lawyers. It has been claimed the this is a country that actually has the most law schools anywhere in the world. It has been said by some that the Brazilian legal system can be somewhat confusing. There are many laws that must be abided by. A qualified lawyer can help to alleviate the confusion that may surround these laws. It has been stated that there are over 181.00 laws within the legal system itself.

Some Interesting Facts and Laws
Every country has a set of standards and laws that their citizens must follow. Each and every county is highly unique and different. Brazil does have some specific and clear laws in place. The following are some interesting laws that appear to be factual for this country. These are only a few samples of the set laws that are in place already. These include:
* smoking in Brazil in not lawful to do so in public. This is a law that came into effect in the year 2014. This was put into place for the protection of passive smokers. This is a law that has designated smoking in certain locations.

* The selling of e-cigarettes is not allowed in Brazil because the National Health Surveillance has not found scientific data that has fully proven the safety of the e-cigarette.

* There is a law that states that gambling in Brazil is not allowed. It is a prohibited practice. The online gambling on the internet is not included within the territory of Brazil. Internet gambling is not regulated. It is not lawful to partake in physical gambling in Brazil territory

* There are numerous states in Brazil that enforce a law regarding wearing helmets and other items that cover a persons face inside a premise. The purpose for this helmet law is to lower the number of robberies. This is a law that ensures that the face of all individuals will be clearly seen by the security tapes. Many states in Brazil forbid individuals to wear a helmet inside of premises
These are a sample of some of the laws in Brazil. These are just a few interesting facts and a few laws that many areas of Brazil have set in place.

The Lawyer who Started Small
Ricardo Tosto is a lawyer from Brazil who started out small. He began his law services in a small room. He managed to grow his small room into one of the largest offices in Brazil. This is a lawyer who is well-known for his advocacy. He is an honest man who has served multinational and Brazilian groups. This includes many politicians. He has continued to grow and earn a fine reputation through his service to many.