Archive for Lawyers

Labaton Sucharow’s Client Just Received $17 million In a Successful SEC Sanction Case.

Recently, SEC announced the Labaton Sucharow LLP’s client, one of the whistleblowers who exposed a wrongdoing in the financial services industry would receive more than $17 million. The award is still the second largest from when the SEC Whistleblower Program was launched six years ago. The whistleblowers who report the financial wrongdoing are eligible to 10-30 percent of the total monetary fines collected by the SEC in a successful enforcement action.

 

 

Under the rules of the program, the whistleblowers can even get more rewards if there are monetary sanctions collected in other cases brought by other law enforcement organizations to the participants reported by the whistleblower. The whistleblowers are protected by the Dodd-Frank Act that protects any retaliation measures by employers to whistleblowers under the program rules. http://www.prnewswire.com/news-releases/second-largest-sec-whistleblower-award-granted-to-labaton-sucharow-client-300282555.html

 

 

Congress enacted the Dodd-Frank Consumer Protection Act in 2010. The role was to implement the most efficient U.S. financial regulation since the great depression. Some of the reforms that were introduced in the Act include the new whistleblower program that offers protections to employees and offering financial incentives for individuals with the courage to report the possible violations of the financial laws set by Securities and Exchange Commission (SEC).

 

 

Labaton Sucharow has been on the front line being the first law firm in the U.S. to protect and advocate for the SEC whistleblower. The law firm has an established securities litigation platform dedicated to whistleblowers representation practice with an in-house team of financial analysts, investigators, and forensic accountants with experience in both state and federal level. SEC Whistleblower attorney, Jordan A. Thomas, the former assistant director and chief litigation counsel in SEC enforcement division is the leader of the practice.

 

 

SEC Whistleblower lawyer, Mr. Thomas did not just start Labaton Sucharow law firm out of nowhere; he played a critical role in the leadership and development of the Whistleblower program including the drafting of the proposed legislation of the Act. In the recent whistleblower award, the Whistleblower provided high-quality information that led to sanctions against a well-known player in the financial industry. The whistleblower asked his/her representative to remain anonymous to avoid any form of retaliation and blacklisting.

 

 

According to Thomas, his client chose to blow the whistle when others in a better position to do it remained content and allow unsuspecting investors to be scammed. Thomas believes that his/her courageous act will inspire more whistleblowers to come forward when they face such dilemma. Mr. Thomas also received the award on behalf of the whistleblower to ensure minimized chance of retaliation against the whistleblower.

 

Labaton Sucharow Add A High Quality SEC Whistleblower Program

The introduction of the Dodd-Frank Act by the U.S. Congress led to sweeping changes taking place to the way the financial markets are regulated in North America. Labaton Sucharow has led the way with the introduction of a specialized team dedicated to providing help and assistance to those looking to enter the SEC whistleblower program, which has been created by one of the author’s of the Dodd-Frank Act, Jordan A. Thomas; under the leadership of Thomas, Labaton Sucharow has created one of the top teams in the financial industry for protecting whistleblowers.

Labaton Sucharow has built an impressive team of the top financial and legal minds with experience in the financial industry who are skilled in fighting for the rights of individual whistleblowers. The first step in beginning the process of entering the whistleblower program is to undertake a review of the available evidence a whistleblower has at hand about financial irregularities in a specific area of the financial industry. This, and every aspect of entering the SEC whistleblower program is confidential and anonymous, with only those heading the program having knowledge of the name and position of the individual whistleblower.

An initial investigation is undertaken by the specialist team at Labaton Sucharow that is designed to make sure each individual case has the best possible chance of success; Jordan A. Thomas’ team will look to bring the case to the SEC only after a complete evaluation and investigation has been undertaken to make sure every area of the possible whistleblower case has been investigated. Once the case is presented to the SEC every precaution will be taken to make sure the anonymity of the individual is preserved throughout the process to keep them safe from victimization in their work environment.

One of the main changes made to the financial whistleblower rules made by the Dodd-Frank Act has been the awarding of financial rewards based on fines levied because of the information provided by the whistleblower. To make sure every SEC whistleblower has every reason to bring their evidence to the SEC a reward of between 10 and 30 percent of all fines over $1 million levied by the SEC; Labaton Sucharow fights on behalf of their clients to make sure they get the highest possible SEC whistleblower program reward for the risks they take.

Find out more about the SEC Whistleblower attorneys

Ross Abelow Working To Help Homeless Animals

Homeless and stray animals has become a serious issue in the United States. Shelters are being overwhelmed by the number of animals needing shelter and care, especially during the winter season. There never seems to be enough room or money for all the animals and some are simply left out in the cold.

In New York City there s an effort to help these shelters so that no animal has to suffer in the snow and cold this winter. Attorney Ross Abelow has commenced a Gofundme fundraiser to aid the shelters in providing warm blankets, a safe haven and food for dogs and cats.

Th fundraiser was commenced on January 13th, and seeks to raise $5,000 to benefit the shelters and aid animals. Abelow feels that no animal should have to tolerate the cold conditions in New York and wants to prevent animals from dying. The fundraiser is only recently underway, but the hope is that people will understand the need and donate whatever they can.

Ross Abelow is a longtime resident of New York. He has intimate knowledge of the animal problem in the area and this is why he feels that something should be done to protect the animals. His position as a lawyer simply gives him a bit more clout to get the job done.

He has many contacts throughout the state, for he went to the northern section of the state for his undergraduate degree. There he was able to connect with many people from throughout the state and the country. After having attended Albany State University, Mr Abelow returned to Brooklyn to attain his law degree.

After graduation, having passed the bar exam and becoming licensed, Mr Abelow pursued a career in family law. He is qualified to practice family and matrimonial law, as well as having the experience and knowledge to delve into entertainment law. He also tends to dabble quite a bit in the realm of litigation, so whatever the need, Mr Abelow can probably help or offer the name of a peer who can.

He is also an avid blogger offering financial and legal advice over the internet and through venues such as mashable and facebook. The desire to aid animals has probably stemmed fro the over 26 years experience working in the courts and his ability to work in finance and law. No matter what the reason, the animals of New York an sure use the help.

Why You Need the Right Lawyer In New York

Whatever type of legal assistance you need, it is vital that you are working with the right attorney. One of the main benefits to working with an attorney is that they have the experience and knowledge behind them to get the job done right. This means that whatever type of case you are looking to build, they are able to do this for you easily and effortlessly. One of the first steps that you will want to take is finding the right attorney in the New York City area. This will help you to begin building a case for the court.

One of the most popular attorneys in the New York City area is known as Ross Abelow. Ross Abelow has the experience and knowledge behind him to get the job done right and for you when you are not able to do this yourself. It is never a good idea for you to represent yourself in a court of law, so this is why it is so crucial that you utilize the professionalism of Ross Abelow whenever you are going to be heading into court and will need this type of legal assistance.

One of the main aspects that sets Ross Abelow apart from some of the other attorneys in New York is that he has a lot of experience in the legal field. He has helped hundreds of people to get their case heard in court with great legal outcomes as well. This is why more and more people have been hiring and using the expertise of Ross Abelow for their own needs. You can begin the process by contacting the law office of Ross Abelow and asking about working with him in order to have a case heard in front of the court.

There are many reasons for you to hire the right attorney in New York City. For one, it will increase your chances of your case going well in court and it can also benefit you if you do not know the first thing about the legal system. The attorney is also the one who is going to do all of the paperwork for you and get it done quickly for you when you need it the most. There is nothing better than knowing that you have a legal team backing you up every step of the way and getting the job done for you.

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