Study: Whistleblowers Want Anonymity, Monetary Rewards

Compliance Week
January 10, 2012

Jordan A. Thomas was quoted regarding the key findings of the Firm's Ethics & Actions survey

The survey suggests that many employees remain tight-lipped on misconduct, says Jordan Thomas, a partner and chair of Labaton Sucharow's whistleblower representation practice.

“Many corporations should reconsider their policies and practices regarding communicating with those who reported misconducts to them. Failure to do so may lead to unnecessary whistleblower submissions to the SEC.”