Labaton Sucharow is a law firm that works only with people who want to blow the whistle on SEC practices. They are a firm that has worked with many different people and they have made sure that the people that they work with are ones who truly need the help. They have made themselves available to anyone who wants to blow the whistle, no matter what is going on with the SEC or what they are trying to talk about the practices that are going on in the SEC. The law firm is dedicated to these people. Learn more: http://www.prnewswire.com/news-releases/second-largest-sec-whistleblower-award-granted-to-labaton-sucharow-client-300282555.html
The SEC has a whistleblower program. This is designed for people who know information that could be valuable for the agency to know about but who may also not feel comfortable coming forward with the information. The commission wants people to know that they will be rewarded for talking about things that are going on in the program so that they will not miss out on any money and so that they will not be punished as a result of coming forward with information about the problems that are going on in the SEC. This is something that has been done to improve the SEC.
Many times, people do not blow the whistle because the ones who are participating in the malpractices are the people who are their supervisors. They threaten the people with their job if they were to tell on them or they offer them rewards for keeping their mouths shut about the things that are going on in the SEC. The commission created the whistleblower program to make sure that people felt they were able to come forward with information. They are guaranteed a reward and are also granted immunity from any retaliation that could come from their supervisors.
While the whistleblower program is great, people should also consider getting an attorney before they bring any information forward. That is what Labaton Sucharow is there for and that is the reason that they have been able to help their client score the second largest SEC reward in the history of the whistleblower program. They have made sure that they are able to help their clients get even more of a reward than they would have if they had made the choice to come forward to the SEC on their own. Their expertise helps them help clients.