SEC Whistleblower Attorney

securities and exchange commission building

The Securities and Exchange Commission (SEC) whistleblower program is designed to maintain the integrity of the financial markets and prevent securities fraud. 

Established by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank), the program provides financial incentives to individuals who report violations of federal securities laws as well as the Foreign Corrupt Practices Act (FCPA) to the Securities and Exchange Commission (SEC). Dodd-Frank also created a whistleblower program for reporting fraud in the commodities markets to the Commodities Futures Trading Commission (CFTC). If you have knowledge of such violations, you may be eligible for a significant financial reward.

Jeffrey Newman Law, located in Massachusetts, provides informed representation to brave individuals who report fraud, bribery, and corruption to the SEC. We believe that whistleblowers can help to ensure that the financial markets remain stable, efficient and trustworthy. We are keenly aware that blowing the whistle on an individual or corporation comes with the risk of career harm. This risk is particularly concerning for those in accounting, banking, and finance. Dodd-Frank protects the identity of whistleblowers and also protects them from employment retaliation.

If you are a whistleblower reporting securities fraud, our legal team will help you report those who intend to manipulate the financial markets. Well-versed in the applicable securities laws and the requirements of the SEC whistleblower program, we will explain all your rights and guide you through the judicial system. Above all, we will work to protect your identity and help you obtain the reward you deserve.

Do I Have a Valid SEC Whistleblower Claim?

It is worth noting that it is not necessary to be an insider to report securities fraud and other unlawful activities to the SEC. Anyone with credible information can act as a whistleblower. 

To be eligible for a financial reward under the SEC whistleblower program, however, you must provide original, actionable information concerning a past, ongoing, or potential violation of U.S. securities laws that leads to an SEC enforcement action in which more than $1 million is recovered. In addition, the information must be provided voluntarily. This means that you did not have a pre-existing duty to report the information (e.g. an executive, compliance officer or anyone compelled to cooperate in an investigation or provide testimony in a regulatory or legal proceeding). 

While this seems straightforward, the whistleblower laws contain strict deadlines and exacting procedural requirements, which is why it is crucial to have proper legal representation. Working with the experienced whistleblower attorneys at Jeffrey Newman Law can mean the difference between obtaining a just reward and letting securities fraud go undetected.

The SEC whistleblower program allows you to provide information anonymously as long as you are represented by an attorney. The attorney can then submit the information on your behalf. The best way to preserve your rights and claim your whistleblower award is to consult our winning legal team. 

We will spend the time necessary to prepare a detailed and precise whistleblower claim to the SEC. Less than 5 percent of tips provided to the SEC result in an enforcement action making proper claim documentation crucial.

How Whistleblowers are Protected from Retaliation

Dodd-Frank includes protections to whistleblowers from employment retaliation. Employers are prohibited from terminating, demoting, threatening, harassing or discriminating against employees who blow the whistle on securities fraud, commodities fraud, and FCPA violations. Further, it is possible to file a civil lawsuit based on employment retaliation. Retaliation can take place regardless of whether the information you provided to the SEC results in an enforcement action. Depending on the circumstances, you may be entitled to reinstatement of your position. You may also be awarded damages such as back pay, attorneys’ fees, and legal costs. If your employer has retaliated against you being for a whistleblower, we will fight for your rights.

Experienced Massachusetts SEC Whistleblower Attorney

Coming forward to report violations of securities laws and other conduct that poses a threat to financial markets takes courage. Being a whistleblower comes with the risk of retaliation and the potential to harm your career and livelihood. That said, taking a moral stand against financial fraud can garner you a significant financial reward. You can help to protect the public and maintain trust in the financial markets with a dedicated whistleblower attorney.

Since 1983, Jeffrey Newman Law has been handling cases of corporate fraud. From our offices in Boston and Marblehead, Massachusetts, we provide first-rate representation and dependable service to clients throughout the nation. When you consult us, you will have confidence knowing that our dedicated whistleblower attorneys are on your side. Please contact our office today to learn more about your rights under the SEC whistleblower program.