Those that notice and illegal or unethical activity that is taken place now have the opportunity to act as a whistleblower and report the company to the SEC. Those that choose to do so will ultimately be awarded a portion of the settlement of financial judgement set forth by the SEC. The amount awarded will range from anywhere from ten to thirty percent of the total judgment.
If you are currently working in an environment in the financial industry and have witnessed illegal or unethical activities and are considering pursuing a whistleblower lawsuit, it would be a good idea to hire an SEC whistleblower attorney. An SEC whistleblower lawyer can provide you with a number of services that could prove to be very beneficial.
The first services that the whistleblower lawyer will be able to provide is consultaiton. The whistleblower lawyer will be able to sit down with you to discuss the case, your findings, and what the civil suit process will be. They will be able to give you an honest opinion regarding your likelihood of winning, what the expectations and timing of the case will be, and how it could impact you going forward. Based on this information, you will be able to determine whether pursuing a case is in your best interests.
Another service that the whistleblower lawyer will be able to provide you with is case development. The lawyer will be able to take all of the information that you have provided and build a case by applying the applicable laws that are in dispute. The case development will include all aspects of it including discovery, depositions, and even litigation. In many cases they will also be able to provide settlement negotiations.
A key advantage of hiring a whistleblower lawyer is that they will be able to work for you for free. In many cases they will be compensated based on a percentage of the total judgement or settlement. This means that it is a no-financial risk option for you.