As a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act, potential whistleblowers have a lot more protection if they make the difficult decision to come forward with information about corruption in business. Some of the things that are included are greater protection for employees, as well as monetary incentives to come forward. This has led to a ton of people blowing the whistle on a wide variety of illegal activity in the business world. One of the reasons why this is so great is the fact that it has made things not only a lot safer for whistleblowers, but they actually have a financial incentive to release information. In the past, if an employee came to find out about information that was illegal, or observed corruption in business and wanted to come forward, they would generally have a very tough decision on their hands. Not only would they likely be fired from their job and ousted from their field of business, but they would literally be putting their lives and future on the line in the process.
The protection act that has paved the way for a ton of people to come forward as a whistleblower, but it is crucial to obtain a highly qualified attorney prior to doing so. Since these protections have been put in place, for the first time law offices have started focusing solely on these cases, so obtaining an SEC whistleblower attorney is critical if you want to win your case. An SEC whistleblower lawyer will be able to take your case, protect you from any repercussions from the employer and hopefully lead you to a monetary settlement. One of the best things about the SEC whistleblower program is the fact that anyone who decides to come forward and wins in court will get paid between ten and thirty percent, in most cases. When you are talking about big fraud in business, where multi-million dollar dealings are taking place, ten to thirty percent can truly be a huge number. The road has never been easier for a whistleblower, as there is a lot of money on the table and there is far less risk than in the past. The protections afforded to whistleblowers who want to come forward truly is a great thing, but in order to be successful in these cases, it is essential to go out and get a highly qualified lawyer for representation.