Whistleblowers
Throughout American history, it has often taken the courage of whistleblowers, those calling disciplinary attention to illegal business practices, to bring the reform that has caused the nation’s workplaces to flourish. In July of 2010, at the twilight of the most severe recession of this generation, the United States government passed the Dodd-Frank Wall Street Reform and Consumer Protection Act. This reform aims for increased public watch and censure of misconduct in state and national economic affairs. To the credit of the industry’s attempts at self-improvement, in conjunction with government regulation, the Act takes precise strides to protect the whistleblowers within the finance industry.
In addition, the Act encourages those in a position to bring such truth to power by offering financial incentives. Alerts to the SEC of violations of securities law leading to a successful enforcement action will award the whistleblower with up to 30% of a total recovery greater than $1,000,000. Dodd-Frank further admonishes employers who mistreat, threaten, or otherwise persecute whistleblowers offering information to any regulatory action against said employers or their colleagues.
At Malecki Law, seasoned professionals versed in the Dodd-Frank Act’s fine points will help prepare your statements, and ensure that you are ably represented when addressing the regulators at hand.
The trial lawyers at our firm have a substantial background advocating for clients in whistleblower litigation, including retaliation claims. Before the collapse of the housing market, in the wake of the Sarbanes-Oxley Act, and prior to and after the Dodd-Frank Act, Ms. Malecki represented multiple whistleblowers, including Arturo Cifuentes and Eric Kolchinsky amongst others. This representation included assistance in helping whistleblowers testify before Congress and in numerous regulatory, self-regulatory, litigated and arbitrated proceedings, both as litigants and witnesses.
Malecki Law offers a substantial background in securities law and employment litigation. The attorneys at our law firm remain at the cutting-edge of legislation affecting the financial industry. We have a firm understanding of the sweeping financial reform changes expected to provide whistleblowers with false claims and whistleblower litigation. We combine our industry knowledge of securities law and employment litigation to provide first-tier representation for defendants and plaintiffs in whistleblower claims.