Whistleblower Claims Litigation Service
Litigation
Whistleblower Claims Litigation Service
Under the U.S. Securities and Exchange Commission’s whistleblower program, whistleblowers who provide original information to the SEC about violations of federal securities law are eligible to receive an award of 10 to 30 percent of the money collected when the information leads to monetary sanctions of $1 million or more. In order to encourage individuals with knowledge of wrongdoing to come forward and expose the wrongdoers, the Sarbanes-Oxley Act (SOX) provides civil and criminal protections for whistleblowers. The enactment of SOX by Congress in 2002 was in large part due to the exposure of incidents of significant corporate corruption and calamitous bankruptcies.
“[Their] efforts over approximately six years to not only obtain a large recovery where it originally appeared impossible, but to provide the SEC and prosecutors with the information they needed to successfully prosecute the wrongdoers, required creativity, tenacity, and resourcefulness,” one client says. “I am deeply grateful for their efforts, and the outcome could not have been more satisfying.”
Henson Efron’s litigation attorneys have garnered extensive experience in whistleblower claims litigation and have an esteemed record of obtaining favorable results on behalf of our clients. Our clients’ best interests are our attorneys’ top priority. The litigation team works with our clients to explore their options and potential strategies, leveraging their years of experience working with the SEC and providing further information to the relevant entities when requested.
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