Tuesday, December 4, 2012

Labaton Sucharow Partner Invited to Speak at Parliament

NEW YORK (December 4, 2012) — Labaton Sucharow LLP today announced that partner Jordan A. Thomas was recently invited by Gisela Stuart MP to speak about the SEC Whistleblower Program and other American law enforcement initiatives at the House of Commons in the United Kingdom. The event was organized by the Henry Jackson Society and part of the Henry Jackson Initiative —an important effort to promote a more responsible, sustainable and inclusive capitalist system. In attendance at the event, was a bi-partisan group of legislative, business, policy and academic leaders.

"I am deeply honored to have been asked to share my observations as a first responder to corporate wrongdoing with this distinguished audience and suggest new ways that the United Kingdom can better protect the investing public," said Jordan Thomas, partner and head of the Whistleblower Representation Practice at Labaton Sucharow. "More than anything, what financial regulators and law enforcement authorities need, and have been lacking, is actionable intelligence about corporate wrongdoing. Due to its early success, the SEC Whistleblower Program should be considered as a model for any new investor protection reform in the United Kingdom."

As a former assistant director and assistant chief litigation counsel in the Enforcement Division of the SEC, Thomas successfully investigated, litigated and supervised a wide-variety of high-profile matters including those involving Enron, Fannie Mae, UBS, and Citigroup. Significantly, Thomas also played a leadership role in the development of the SEC Whistleblower Program. This program has broad extraterritorial reach and offers eligible whistleblowers, regardless of nationality, significant employment protections, monetary awards and the ability to report anonymously. Other jurisdictions around the world are also considering initiatives that encourage individuals to break their silence and report possible violations of the law.

Chris Keller, partner and head of case development at Labaton Sucharow commented: "For more than 50 years, Labaton Sucharow has been on the forefront of corporate governance reform and this is just one more way that we are trying to help financial regulators and law enforcement authorities to police the marketplace."