Several law companies in that are based in the U.S have created units that are dedicated to protecting the rights of the SEC whistleblowers while other have been formed to offer representation to the informants solely. Labaton Sucharow law firm was established about 50 years ago, and it was the first to start offering legal services to whistleblowers across the country. It has an unparalleled whistleblower representation practice and an excellent plan that they use in filling litigations for the plaintiffs. The staff of the company comprises of highly trained investigators, financial predictors, and forensic auditors who are knowledgeable on the implementation of securities laws. The leader of the Labaton Sucharow’s whistleblower representation practice, Jordan A. Thomas, has sufficient information on the securities laws. He formerly held senior positions at the SEC, and they are assistant director of the commission as well as the deputy chief litigation officer of the organization’s enforcement branch. Mr. Jordan took part in the formation of the whistleblower protection program during his tenure in office.
The rules that secure the SEC whistleblowers demand that the commission should offer at least a third of the sanctions that it collect from fraudulent companies to the informant who provided the intelligence that facilitated the process. The organization has set the threshold of the amount that should be offered at one million dollars, however, other law enforcement institutions can also give a reward to the whistleblower if they use the information that he or she gave. .