Cases of securities violations are global and may happen in an institution of any stature. Before 2010 when the Consumer Protection Act was reviewed, whistleblowers did not have sufficient power and capabilities to report and deal with securities violations. Many were the cases that went unreported and those that were addressed did not fully cover the requisite measures that would completely eliminate discrepancies in reporting.
The SEC Whistleblower Attorney has come in as an essential player in ensuring cases of securities violations are handled swiftly and better. The legal team that makes up Labaton Sucharow has worked as an affiliate to the SEC Whistleblower Program and has been instrumental in its role of assisting whistleblowers access their benefits through the SEC.
Advocating for the rights of whistleblowers
Labaton Sucharow is a pioneer of the rights of whistleblowers and has been active in this resolve since 2010 when the SEC Whistleblower Program was incepted. Some of the issues that have come up while working to help whistleblowers include their rights and capabilities while reporting securities violations.
The scope of their operation also covers the content of the reports submitted for review to the SEC. Essentially, the SEC Whistleblower Attorney helps whistleblowers to understand what they are dealing with and reviews the validity of the contents of the reports presented.
It is true that some individuals may see an opportunity in reporting to the SEC because there is a package that whistleblowers are given as appreciation for their honest effort to help in the fight against securities violations. Therefore, the SEC Whistleblower Attorney steps in to ensure the information presented contains facts and not fabrications that are meant to falsely accuse another party.
Constructing strategies for disclosure
Every whistleblower hopes to minimize the possibility of retaliation while increasing the monetary rewards the report may earn. This is an area the SEC Whistleblower Attorney has looked into and the main issue has been ensuring the whistleblowers are protected from retaliation that may emanate from the perpetrators of securities violations.
To make this possible, the SEC Whistleblower Attorney comes up with effective disclosure strategies that help to protect the whistleblower. They also review the case and advice about the things the whistleblower should consider to make the case more plausible and worth a higher reward. The legal team also makes effort to see whether there is a hidden personal objective the whistleblower could be having against another party.