There have been many developments in securities whistleblower rulings over the years, but none as compelling as Justice Ginsburg’s opinion in Digital Realty Trust, Inc., vs. Somers which held that an employee who merely reports potential securities law violations internally has not done enough to avail himself of the extensive Dodd-Frank anti-retaliation protections, including “the immediate access to federal court, a generous statute of limitations (at least six years), and the opportunity to recover double backpay.”
This is where law firms like ours can help. Our attorneys include former SEC attorneys and broker-dealer lawyers, who know their way around these rules and regulations. We help whistleblowers present their information to the SEC and guide them through the process, including presentations to the Commission, at no cost unless there is compensation to our client.
You may also be interested in:
- Overview of the Securities Arbitration Process
- Recent FINRA Rule Filings
- Finders Explained – Be Careful
- Misrepresentation in Securities Arbitration
- SEC Charges California-Based Fraudster With Selling “Insider Tips”
- Are Advisors Too Expensive?
- For The Record
- New SEC Whistleblower Awards
- SEC Awards More Than $300,000 to Whistleblower with Audit Responsibilities
- Review Your WSPs – Subpoenas are Coming
Mark J. Astarita, Esq. represents investors, financial professionals and firms in litigation, arbitration and regulatory matters across the country. He is a partner in the national securities law firm of Sallah Astarita & Cox, LLC and can be reached by email at mja@sallahlaw.com or by phone at 212-509-6544.
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