SEC Whistleblower Actions
The U.S. Securities and Exchange Commission (SEC) has established the Office of the Whistleblower to encourage employees to report securities law violations committed by their employer. At Cross Law Firm, S.C., our experienced SEC whistleblower lawyers help employees properly submit sealed claims and protect their rights throughout the entire process.
When you retain our firm, you are in good hands. We represent whistleblowers across the country and are a national leader in bringing False Claims Act cases. Other law firms often ask our firm’s founder and managing attorney, Nola Cross, to serve as co-counsel in False Claims Act qui tam cases when they either lack experience with these types of claims or want a more experienced lawyer on their team.
SEC Whistleblower Program — How It Works
In 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank). This law established an incentive program that rewards individuals who report violations of securities law, violations of the Foreign Corrupt Practices Act or violations of the laws that govern the Commodities Futures Trading Commission.
By hiring an experienced whistleblower attorney, you may report any fraud in a manner that may result in a monetary award. Following an investigation, you may be entitled to a percentage of any funds recovered by the government. Our firm has secured millions of dollars in settlements and awards on behalf of whistleblowers throughout the nation.
Common SEC violations include:
- Broker fraud
- Corporate bribery or corporate fraud
- Failing to include significant information on required reports
- Insider trading
- Market manipulation
Protecting Workers From Retaliation
At Cross Law Firm, S.C., we understand that it is difficult for workers to “blow the whistle” against their employers — they worry about retaliation or other side effects from bringing the truth forward. However, strict laws are in place to protect employees against retaliation after they bring forward SEC securities violations. Our attorneys work hard to ensure all of our clients feel secure and protected, as well as guard against any form of retaliation.
Federal Protections For Whistleblowers
Federal law protects employees who report SEC violations against discharge, demotions, suspensions, harassment or any form of discrimination. Employers who do retaliate face strict penalties and may be liable for double back pay, any litigation costs and other penalties as deemed necessary.
In addition, under the Sarbanes-Oxley Act, employees who have been retaliated against can file a claim with the Department of Labor. Our firm will carefully discuss your options and take any action to protect your rights.
Take Action Immediately
You may file a claim only if the fraud was not previously reported by another individual. The sooner you speak with our firm, the sooner we can take action to ensure your right to compensation. To discuss bringing an SEC whistleblower action and get more information about how to proceed, contact our law firm online today, or call us directly at 414-616-3229 to schedule your initial confidential consultation with a member of our team.
We understand your need for discretion. Evening and weekend appointments are available for your convenience.