The SEC Whistleblower program began as one of the solutions in a bid to recover the United States economy following the damages of the Great Depression. It was a creation under the Dodd-Frank Wall Street Reform and Protection Act. The Congress enacted the Act in 2010 among other resolutions for the same mission. The SEC whistleblower program provides protection to employees who report violations at the workplace. The whistleblower receives protection against retaliation in the employment and financial coverage from the Securities and Exchange Commission (SEC).
Under the rules set by the SEC, the whistleblower who delivers valid information is entitled to receive 10-30 percent of the total amount collected from the successful follow-up of a case with sanctions that are more than $1 million. When the monetary penalties exceed the 1 million mark, the whistleblower is qualified to receive an extra amount as a fraction of the total amount collected through additional reports of the case from other organizations such as legal enforcement unions and regulatory organizations. The other protection guaranteed by the Dodd-Frank Act restricts employees from terminating a whistleblower’s job or implementing other means of retaliation. In the case of retaliation, the employee is allowed to report back to the SEC for further execution of the laws set under the Dodd-Frank Act.
The first law firm to begin practicing the advocacy of SEC whistleblowers, was the Labaton Sucharow firm. The company headed by Jordan A. Thomas protects specializes in protecting the whistleblower with the expertise of highly skilled professionals. The staff that follows up a case brought forth by a whistleblower includes financial data analysts, forensic accountants, and top rank investigators. The professionals have a long history of working for both the federal government law enforcement unions, hence provide consistent effort to solve the cases against financial law violators.
Jordan A. Thomas was a former employee of Division of Enforcement at the SEC. His role at the Division was leading the team that created, legalized and implemented the Whistleblower program. He was also the Assistant Chief Litigation Counsel and Assistant Director of the same SEC unit.
The SEC’s customer care is available through telephone, electronic faxes or the mail at all times to provide focused accessibility to the firm. As assurance of maximum protection of a whistleblower’s identity, the individual is not required to submit their names or the identities of the alleged violators.
In the case of a language barrier problem when reporting a case, the SEC provides whistleblowers with translation services.
People today rely on the federal government to make sure that all business transactions they choose to conduct are done so effectively and in accordance with all existing laws. Many business owners today may be tempted to take shortcuts and cut corners. While most business owners realize the necessity of adhering to all important regulations, a small group of business people are not always so ethical. In that case, they may engage in activities that can lead to waste and may even possibly endanger the public they are in charge of serving. Fortunately, there are ethical people who are willing to step forward when they notice such poor behavior and speak out to help provide notification to the appropriate law enforcement officials.
Getting Legal Counsel
When the decision is made to speak out, it is important that anyone doing so has the right counsel at their side. The right legal counsel allows the person choosing to provide evidence the confidence to know they are fully protected legally in making that choice. It is this need that has led to the firm of Labaton Sucharow to start a program devoted to assisting those who are engaged in such activities. At this firm, they know that the need for legal counsel is immediate once anyone chooses to step out and indicate problems in a given industry. This is why they started a specific program that is specially designed to help offer counsel for those who need it. This unique program is one the first legal program in the country devoted to this issue.
Their decision to offer such legal counsel comes in the aftermath of specific laws that have been passed in Congress. The banking industry underwent much needed scrutiny after a series of problems plagued the industry. It was with the desire to address such problems that legislation that was passed that was all about offering incentives for people to step forward. Rules in place today state that anyone who reveals any such problems is eligible for a share of any funds that will be forfeit to the federal government as a result of such poor behavior. The whistleblower may be able to claim a large fund that is designed to compensate them fully. When working with a SEC Whistleblower lawyer, it can help the person speaking out to have all of the funds they have earned from such brave activities.
Recently, Ross Abelow had put a fundraiser into action that would hep the animals of New York city. This fundraiser was started on the date of January 13th of the 2016 year. This fundraiser has a main goal of $5,000. The money from the fundraiser will be going to the shelters, in order to help them pay for the food of the animals, and also in order to provide them with medical care and blankets.
The winter time is hard on everyone, but it is especially hard on the stray animals that are just left to freeze on the streets because of negligent owners, not enough room and not enough money. The fundraiser that Ross Abelow is trying to raise money for will help raise money to keep animals of the streets during the winter as to prevent needless deaths. The main goal is to make sure the shelters have enough money to do everything that they can during the winter for the animals.
If you need any more information on how you can help raise money for this worthy cause, just go to the GoFundMe page that is available. Another way to learn more information on the fundraiser is to directly contact Ross Abelow at the site with any questions that you may have about donating to the cause.
Ross Abelow is a very trustworthy attorney who has been licensed to practice law since the year of 1990, thanks to the wonderful state of New York. Having been a resident of New York for so long, it should come as no surprise that he actually went to the State University of New York. When he finished up, he was able to get his law degree through the Brooklyn Law School. He graduated from there in the year of 1989.
Now, Ross Martin Abelow is focusing his career mainly on families. As of right now, he is specializing in the work of family law and also in matrimonial law. He also does work in commercial litigation and then entertainment law. He has worked hard to earn his way to the top in his field, and he loves to work for the people, helping families and those in need is something that is close to his heart. Which is why so many people have learned to put their trust in his very capable and very trustworthy hands when it comes to hiring an attorney.
Learn more about Ross Abelow’s service:
Ross Abelow has recently set up a winter fundraiser in order to help homeless animals in New York City. And as temperatures continue to drop below freezing levels this winter, more and more homeless animals will suffer. Unfortunately, there are many that will die. It is important for shelters that have been designed for homeless animals to get the funding that is needed in order to take care of these animals and get them off the cold streets.
There are two major problems that animal shelters are facing in New York City and in many other places. First, they simply do not have the space that is necessary in order to take care of all of the animals that need help. Second, they do not have the money that is needed to purchase things like food, blankets, and medicine. Ross Abelow hopes that he will be able to raise at least $5,000 in order to help homeless animal shelters. He has set up a Go Fund Me account where individuals from all over the world can donate money. One of the great things about using this kind of fund-raising platform is that individuals can donate as little as 10 or $15. When all of the donations are added together, much good can be done. The $5,000 that is raised for this cause will be used to expand shelter space for homeless animals and to purchase food and medicine for them.
Besides the fact that most animals will be able to get off the streets of New York City during these cold winter months, when an individual donates to this fund and other types of funds that help homeless animals, they can be sure that they are doing good that will not only benefit the animals now, but that will last a long time. When homeless animals are in shelters, they are much more likely to be adopted. This helps to take care of the problem over a longer period of time.
Many individuals in the New York area have turned to Ross Abelow when they need legal help. He has been practicing law in the New York City area since 1990. He mostly works with family and matrimonial law, but will occasionally take cases that have to do with entertainment law and civil litigation. He has more than 26 years of experience and recently became a partner at Abelow & Cassandro, Llp.