Whistleblowers Need Lawyers

There have been many developments in SEC 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.”

In other words, reporting the violation to your boss, your manager, or HR is not enough, you need to report to the SEC.

While 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.

If you believe you have a whistleblower claim, give us a call at 212-509-6544, or email Mark Astarita at mja@sallahlaw.com

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Mark Astarita is a partner in the national securities law firm of Sallah Astarita & Cox, LLC.