If you have found yourself in possession of information about a securities violation, corporate crime, or accounting fraud, you may be considering reporting that information to the government. Something needs to be done with the information… but what? If the company involved is either a “public company” or a company involved in the securities industry, you can report that information to the U.S. Securities and Exchange Commission (“SEC”) through its whistleblower award program and possibly receive a monetary award. But the SEC whistleblower award program has a lot of rules and procedures. How can you find out whether you satisfy those requirements to be eligible for an award? What is the best way to present your information to the SEC so that it will understand and take you seriously? The answer is to turn to an SEC Whistleblower Law Firm NY employees, residents, and customers can trust.
In 2010, the U.S. Congress implemented the SEC Whistleblower Rewards Program as a part of the Dodd-Frank Act. This program allows individuals with information about securities, accounting, or corporate frauds involving public companies or companies involved in the securities industry to not only bring their information to the attention of the SEC, but also to potentially win a monetary award from the SEC for doing so. Provided that all of the SEC’s other requirements are met, the SEC must give its whistleblower(s) an award of between 10% – 30% of the amount that it collects in a successful enforcement action or lawsuit.
When trying to decide on an SEC Whistleblower Law Firm NY employees, residents, and customers like you should consider The Pickholz Law Offices. For over 20 years, Jason R. Pickholz, the founder of The Pickholz Law Offices, has been helping clients provide information to the SEC. In fact, he is one of the first attorneys to win an SEC whistleblower reward for a client. He is also the first lawyer to successfully convince the SEC to grant his client a whistleblower award over an initial recommendation by its staff to deny any reward. This was the first time in the history of the SEC Whistleblower Award Program that the Commission overruled an adverse Preliminary Determination by its Claims Review Staff. (See official SEC Award here.) Inside Counsel Magazine named this as one of the “Five milestones in the Dodd-Frank whistleblower reward program“. For related articles please click here (Boston Business Journal) and here (NY Times).
If you would are wondering whether the SEC would be interested in the information that you have, or if you have already decided that you want to report your information to the SEC, and you would like to speak with an SEC Whistleblower Law Firm NY can trust, please feel free to call us at 347-746-1222.
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