The SEC Pays the Second Largest Reward to an Informant who was represented by Labaton Sucharow.

The Labaton Sucharow law firm created a unit that offers whistleblower representation practice in 2010 and ever since it has been providing legal representation to citizens and foreigners who give information to the Securities and Exchange Commission. This establishment influenced by the creation of the whistleblower protection program that safeguards the informants and offers them a reward for their information. A whistleblower who was represented by the Labaton Sucharow law company was recently given $17 million by the SEC as an incentive of for the useful information that he had offered. This was one of the largest prizes that the commission has ever paid to an informant. According to the whistleblower protection program, 10 to 30 percent of the penalty that the SEC collects is given to the source as an incentive.

 

The whistleblower’s information greatly assisted the Securities and Exchange Commission in knowing the various fraudulent businesses that were being conducted by one of the top corporations in the sector. The whistleblower protected his identity by using the representation of a Labaton Sucharow attorney. The SEC did not give detailed information about the litigation since it may help the offenders in identifying the whistleblower. The whistleblower representation of the company is led by Mr. Jordan A. Thomas, who is also a senior attorney at the firm. He is highly knowledgeable about federal securities laws since he has held senior positions at the SEC. When he was employed by the commission, he was a major participant in the drafting and enacting of the whistleblower protection laws. Mr. Thomas offered legal representation to the first public company staff to be rewarded by the SEC.

 

The Securities and Exchange Commission’s program has encouraged the public to provide useful intelligence. They are driven by the lucrative financial reward that is offered and the assurance of having a job after providing the information. The enforcement of the law is supported by the Congress, which created the Investor Protection Fund to ensure that the informants receive their rewards in time. A deposit of $400 million has been saved in the fund account for whistleblower compensation.

 

Labato Sucharow law company was established about 50 years ago. The firm initially offered legal service to organizational investors, enterprises, and consumers who were caught in securities related litigations. The company was a pioneer in the provision of whistleblower representation services, and it is recognized for offering the best lawyers for complainants.

WHAT A NEW YOUR FIRM WANTS TO HEAR FROM YOU: AN INTERVIEW WITH ROSS ABELOW

Ross Abelow is one of top minds and lawyers in the New York area. Today he agreed to sit down with us and talk. Today we are speaking with him about how to nail a job interview in a New York law firm.

“Nailing a job like this is a once-in-a-lifetime dream. Working in one of these top-notch law firms is every New Yorker’s dream, which means you have to play your cards right. You have to play the game and be better than all the others. You could have graduated top-of-your-class, but without the right credentials you are screwed.”

–Ross Abelow

Ross sat with us for a bit. He illustrated a plan of action that every law students needs to follow, if they want to nail that job here in New York.

1)It used to be that credentials were everything. This is not the name of the game anymore. Right from the start employers want new associates to start pulling their weight. New associates used to be coddled until they were ready to advance. Now new employers are expected to thrive from day one.

This is due to trying to reinvent the wheel in the office. More bosses are trying to throw away what is not working.

“Most first-years are not prepared for how hard they have to work. Right from day one they are expected to prove themselves. There is not hand-holding here. If this is how you want to be treated, find another place. Every chair is expected to uphold the position with the highest of honors. We do not babysit people. Reality will set in once you reach one of our firms.”

–Ross Abelow

2)You have to be a team-player right from day one. It’s important to work by yourself and be a self-starter too. Our associates must prove how much of a team player they can be. There is not half way on this.

3)If you are interviewing with one of our firms, you are expected to ask the tough questions. Based on what sort of questions candidates ask during the interview, this will show how worthy they really are. The more research you do on us, the better your chances are at getting a job with us.

CONCLUSION

If you have not done so already, please research Ross Abelow. Some of his links are down below. This will give you an insight on how you need to approach it all. We thank Ross for time with us today. Being the best means working with the best. How prepared are you?

http://www.lawyerlighthouse.com/new-york-lawyers/ross-abelow
http://www.martindale.com/Ross-Martin-Abelow/536052-lawyer.htm

Also, here is a recent article regarding Ross Abelow’s legal services: