Paradigm Settles with SEC in Whistleblower Case
Wall Street Journal
June 16, 2014
Jordan A. Thomas comments on the importance of insider information when prosecuting certain securities violations
Jordan A. Thomas represented the anonymous whistleblower who was instrumental in bringing the securities violations of Paradigm Capital Management to the SEC's attention. The SEC's case against Paradigm resulted in a $2.2 million settlement.
"These types of securities violations are often difficult for the SEC to detect and prosecute without a source on the inside-that's what makes the SEC whistleblower program such a game changer."