Category Archives: Lawyers

Second Largest SEC Whistleblower Award Granted to Labaton Sucharow Client

SEC, Security and Exchange Commission, recently awarded nearly $17 Million to a whistleblower who notified the financial regulation authority regarding illegal investment activities. Interestingly, the client was represented by the popular law firm, Labaton Sucharow LLP, which is known for its ground-breaking initiatives to protect the interest of whistleblowers. The case was handled by Jordan Thomas, who also oversaw numerous successful legal cases in the past. In fact, the reward is the second highest disbursement in the history of whistleblower program since the law was passed, six years earlier.

Experts agree that the success of the case is attributed to the professionalism of Jordan Thomas and his team. Jordan was also among the leading lawmakers who were instrumental in passing the whistleblowing law. Working for Sucharow LLP, his team also represented the first officer of a public company who received the compensation from the whistleblowing program. In fact, Mr. Thomas is also the first lawmaker who successfully charged an employer who retaliated against the whistleblower.

Actually, the whistleblower initiative is an effort of U.S. government to tackle growing irregularities in the financial workplace. To encourage individuals to expose corrupt practices in the financial industry, authorities offer a fixed compensation for the successful indictment in fraudulent cases. The whistleblower reward is between 10 percent and 30 percent of the final compensation received from the accused.

According to Labaton Sucharow LLP, the compensation was given for revealing the illegal practices of a major financial firm in the nation. In this particular case, the whistleblower elected to remain silent. The option to remain anonymous is a privilege of every whistlblower because the SEC does not want whistleblowers to feel insecure when coming forward. Mostly, the insecurity arises from a possible retaliation by the employer against the whistleblower.

Accordingly, Jordan A. Thomas insisted that the reward is ethical and just because his client came forward when others were not coming forward to protect investors from foul play of financial firms. He also reiterated his commitment to continue his work for the whistleblowers because he anticipates that many individuals will come forward in the coming years. It should be noted that Labaton Sucharow LLP is also the first firm in the nation, which caters exclusively to whistleblowers who want to reveal useful information without revealing their identity. In fact, the whistleblower program at the firm provides free consultation to anyone interested in protecting the interest of the society.

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New York Attorney Hosts Fundraiser for Animals

Important world issues regularly go unnoticed. More importantly is the fact that those without a voice rarely have anyone that will step up to the plate and speak for them. People love their animals, but what about those animals who do not have anybody to love them, a warm home to sleep in, or enough food to eat? Well, that’s when courageous advocates with strong ties to the community step in to do their part.

Ross Martin Abelow is an attorney in New York, New York. Abelow made the first step in his legal journey by attending college at the state University of New York. Upon completion of his undergrad, he attended the Brooklyn School of Law and graduated in 1989. Since 1990, he’s practiced law and truly used his legal powers for good by serving families and, as of recently, animals.

On January 13, 2016, Abelow decided it was time for the community to recognize the importance of decreasing the population of homeless animals. He set a goal of $5,000 which, once reached, will go directly to animal shelters to abate the cost of animal food, warm blankets, electricity, and medicine. On January 21 of this year, he launched his Gofundme page in an attempt to earn and surpass this goal, raise awareness, and decrease the homeless animal population in the city.

While Ross Abelow describes his most successful accomplishment as an attorney so far as being his partnership with Abelow and Cassandro, Llp, the accreditation associated with this fundraiser should definitely be a close second.

As this winter fundraiser created by longtime attorney has yet to reach its goal, it is continuously raising awareness of this issue by simply existing. This is an issue that has gone unnoticed for far too long and Abelow fully intends on reaching this goal, surpassing it, and continuing to serve the community he has called home for so long.