With the passing of the Dodd-Frank Wall Street Reform and Consumer Protection Act back in 2010, whistleblowers throughout the country now have access to unprecedented protection. Beyond that, they are potentially entitled to substantial financial compensation providing the SEC is able to affirm the allegations and levy financial sanctions against the institution in question. These are unprecedented steps that are long overdue. Gone are the days when individuals have to live in fear of speaking out against their employers. Even in light of these protections, however, individuals feel much safer when in the handles of a professional and capable attorney, which is why a new specialization has emerged within the genre.
It is difficult to stand by and watch a company blatantly violate all kinds of ethical protocols. It is made even more difficult when wrestling with the decision of whether or not speaking out against the institution is worth potently losing the financial livelihood that the family has grown to depend upon. This is precisely why this legislation was created, and it is why numerous law firms now have a SEC Whistleblower attorney designed to combat these fears.
What many law firms now have are a team of financial analysts, investigators, and forensic accountants. Most of these individuals have extensive experience in the law enforcement arena and are able to provide protection to whistleblowers. They work to ensure that the case proceeds smoothly and that relevant financial compensation is paid out quickly and swiftly. Jordan Thomas heads one such practice. Mr. Thomas a former member of the Chief Litigation Counsel in the Division of Enforcement at the Securities and Exchange Commission. He was also instrumental is designing the legislation that became the basis for the Whistleblower Program, and he understand how its rules are to be implemented.
Whistleblowers no longer need to feel as if they are on their own. There are legal protections now firmly established. The financial compensation is substantial enough to alleviate the fear that accompanies the speaking out against an employer, and lawyers are well versed in working to ensure that evidence is not covered up. The program offers a free case evaluation in a confidential setting. Every step of the process is designed to answer any questions that the whistleblower might have, and to prepare him or her for the settlement action to come. It is a bright day for whistleblowers and for society in general.