In 2010, the U.S. Congress enacted The Dodd–Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”), which created the most substantial changes to the U.S. financial regulatory laws since the Great Depression.  Through the Dodd-Frank Act, the U.S. Congress established a comprehensive whistleblower program for the Securities and Exchange Commission (the “SEC”) for the first time.  It should be noted that the since Dodd-Frank is a Federal law, its jurisdiction covers the entirety of the United States.  Therefore, the SEC NY Whistleblower Program is really just a way of referring to the federal SEC Whistleblower Program when it has some connection to people or events in NY.

NY Whistleblower ProgramIn creating the SEC whistleblower program (and therefore the SEC NY Whistleblower Program), Congress sought to provide a monetary incentive to anyone who reports information about corporate frauds and securities law violations to the SEC.  If you report a fraud at the company you work for (or a fraud at another company) to the SEC, you may be eligible to become an SEC whistleblower.  Under the program, if someone voluntarily provides information about a fraud or other violation to the SEC, and the SEC brings a successful action based in part or in whole on that information, and the SEC collects more than $1 million, the SEC is required to give the eligible whistleblower(s) a monetary award of between 10% – 30% of the amount collected.

While the rules regarding the granting of an SEC whistleblower award are straightforward, there are other rules and procedures that must be followed for someone to ensure that they will qualify as an SEC whistleblower when applying for an SEC whistleblower reward.  If you are thinking about reporting information to the SEC and/or becoming an SEC whistleblower, you may want to consult with an SEC whistleblower attorney before contacting the SEC.

An established SEC whistleblower lawyer can guide you through the process of being an SEC whistleblower, such as, but not limited to:  filing your complaint, interacting with the SEC and its Staff on your behalf, pursuing your claim to an award, and appealing an award determination by the SEC’s Claims Review Staff should you disagree with its decision.

An Experienced SEC Whistleblower Law Firm

Founded with the goal of creating an SEC whistleblower law firm capable of providing the same high quality representation as the big firms, but with the personal attention to clients uniquely possible in a small firm, The Pickholz Law Offices was one of the first law firms to win an SEC whistleblower award for a client.

We were also the first law firm ever to successfully convince the full Commission in Washington to grant a client an SEC whistleblower award over an initial recommendation by the SEC Staff to deny any award.  This was the first time ever that the Commission overruled an adverse Preliminary Determination by its Claims Review Staff.  Inside Counsel magazine named our victory as one of the key events in history of the SEC whistleblower program.

The Pickholz Law Offices’ clients have included employees, officers, directors, and others in SEC whistleblower cases involving financial institutions and public companies listed in the Fortune Top 10, Top 20, Top 50, Top 100, Top 500, and the Forbes Global 2000.

For more information about our law firm, please click on any of the picture box links on this page.

If you are looking for an SEC whistleblower lawyer, please give us a call at 347.746.1222.

Your initial conversation, up to one hour, is free of charge and for the purpose of helping you decide if you would like to hire The Pickholz Law Offices.  You are under no obligation to hire us as your SEC whistleblower law firm when your initial consultation is concluded.

 

The above information is not and should not be construed as providing legal advice.  It is not and should never be considered as a substitute for consulting with your own lawyer.  The use of this web site or this page does not constitute or create any attorney-client, fiduciary, or confidential relationship between The Pickholz Law Offices LLC and anyone using this web site, or anyone else.  The information contained on this website is for informational purposes only.  The content of this web site may not reflect current developments.  Prior results do not guarantee a similar outcome.  Results of prior cases or matters contained on this web site are not indicative of future results or outcomes, and should not be taken as a prediction, promise, or guarantee of any future result or outcome.  No one who accesses this web site should act or refrain from acting based on anything contained on this web site.  For additional terms and conditions governing the use of this web site, please click on the “disclaimer” link at the bottom of this page or click here.