In 2010, the congress of the United States looked to pass legislation that would regulate the financial securities industry. This was done in an effort to help reduce the likelihood of predatory financiers taking advantage of unsuspecting investors. The congress passed a law called the Dodd Frank Wall Street Reform and Consumer Protection Act. With this law, a number of people and businesses will be provided the opportunity to report unethical conduct that takes place in the industry. In order to do this more effectively, individuals and companies can pursue litigation with the help of a SEC whistleblower attorney. Through litigation, clients of a SEC whistleblower lawyer will be able to report wrongdoing and attempt to get compensation in any case.
After the Dodd Frank Wall Street Reform and Consumer Protection Act was passed, the law firm Labaton Sucharow became the most prominent firm in litigating SEC whistleblowing cases. The firm was already very experienced in representing those adversely affected by wrongdoing in the financial securities industry. However, the new law has now allowed the firm to get even more opportunities to help individuals and companies who are looking to recover from ethical misconduct in the finance industry. Labaton Sucharow specializes in these cases and is therefore the best place to go when looking to report wrongdoing in the finance industry. The firm will use the expertise of many professionals such as investigators, forensic accountants, financial analysts and attorneys who specialize in securities law litigation.
Whenever a client is looking to receive assistance from the securities litigation law firm Labaton Sucharow, they will need to be familiar with the process. This will help them prepare themselves for making a legitimate case against a predatory financier or financial institution. The first thing clients will need to do is have legitimate information proving that either they or someone they know has been the victim of unethical conduct. A client will need to either provide documentation or provide feedback about any wrongdoing they have witnessed. Clients will then need to meet with an attorney and file the case. If a settlement is not reached after the initial case filing, then a trial will take place. During the trial, the whistleblower client will be represented by a Labaton Sucharow attorney. The attorney will look to win the case by getting a favorable ruling and compensation for the client. Any whistleblower client who wins a case will be able to receive an award between 10% and 30% of any amount over $1 million that was awarded.