If the company or business you work for is in violation of federal securities laws, and you report it, you are protected under federal whistleblower law and may be entitled to a reward. However, before you report your employer's legal violations, you should consult an experienced attorney to make sure you are afforded all of the protections available to you under the law.
At Dimond Kaplan & Rothstein, P.A., our lawyers are experienced at handling qui tam actions and whistleblower claims. With offices in New York, Los Angeles, Miami and West Palm Beach, we are poised to represent clients across the U.S. and abroad. We will work to protect your rights and your reputation if you choose to disclose your employer's legal violations to the Securities and Exchange Commission (SEC).
To learn more about your rights as a whistleblower, contact Dimond Kaplan & Rothstein. In a free and confidential consultation, we will help you understand your legal options and how we can help you blow the whistle on violations of the law at work.
Reward for Providing Original Information to the SEC
Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, you may be entitled to at least 10% of what the SEC recovers if:
- The information is original, meaning that the SEC did not have this information
- The information is inside information and not public
- It leads to an enforcement action that results in more than $1,000,000 in penalties
This reward is meant to provide an incentive to individuals and groups of people who have inside knowledge of securities violations at their place of employment such as:
- Insider trading
- Sale of unregistered securities
- Embezzlement or theft
- Securities price manipulation
Keeping Your Reputation and Your Job
Our attorneys can help you retain your anonymity when revealing information to the SEC. While you may have to disclose your identity to the SEC to receive your award, we will work to keep this information from your employer.
Even if your employer discovers that you are the source of the information, the law prohibits retaliating against you for whistleblowing. You cannot be fired, threatened or harassed for disclosing information to the authorities about illegal actions, regardless of whether the SEC chooses to penalize your employer.
Contact Our Attorneys and Protect Your Rights
If your employer is violating securities laws, you may be able to claim a reward for blowing the whistle on their illegal behavior to the SEC. Contact our whistleblower and qui tam attorneys to learn more in a free consultation at our Los Angeles, New York, Miami or West Palm Beach offices.