A Rundown of the SEC Whistleblower Program and What To Expect

Deciding to blow the whistle on fraudulent wrong doing can be scary. There are many things to consider, not least of all is where you will stand once the debris settles. The SEC Whistleblower Advocate Program is there to direct you through it all. The program is made up of financial securities attorneys with more than a century of experience behind them. They conceive how much courage and gall it takes to make a securities claim, and have safeguards in place to ensure your private and public future.

The Sec Whistleblower Program was enacted in 2010 by congress after it had become clear that law enforcement could not stand alone in regulating and policing corporations. The Whistleblower Program receives in excess of 20,000 tips each year, but extensively investigates a fraction of these. Of the 20,000 tips that are received annually, only a small percentage will result in prosperous enforcement action.

A survey was conducted by the University of Notre Dame and Labaton Sucharow in May of 2015. The poll revealed that only about 89% of individuals across the United Kingdom and United States report wrongdoing. Individuals that are aware of securities fraud either are unaware of the SEC Program or are unsure of their claim’s eligibility.

It is not uncommon for whistleblowers to fear retaliation. Corporations will sometimes require employees to sign documentation that discourages whistleblowing. Often times these documents are illegal, and the SEC actively goes after companies that initiate these documents. Whistleblowers are able to report wrongdoings anonymously. The acquisition of an attorney to advocate on behalf of the accuser is required in these cases. However, prior to receiving any potential monetary award for their anonymous reporting, the accuser must identify themselves to the SEC. In the interim, the whistleblower’s attorney will act on their behalf.

As hinted at earlier, an employee with good morals might be pressured into not coming forward with viable information involving securities fraud. The SEC has implemented protections against this, advocating on behalf of the employee and allowing said employee to fearlessly blow the whistle on their employers wrongdoings. This is true even if an accusation does not result in the employer’s persecution.

If the employee is subjected to retaliation from their employer, they have the right to immediately sue the employer. This is without the exhaustive process of administrative filing. Whistleblowers whose cases were successfully policed can expect an award of 10 to 30% of monetary sanctions collected. If the sanctions exceed $1 million, whistleblowers might also be rewarded for sanctions brought about by other law enforcement or regulatory organizations.

Some factors might decrease the amount of an award including the culpability of the accuser. An accuser who was unaware of their own culpability might receive more than an individual who blew the whistle on their co-conspirators.

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A Biography of Francisco Domenech Career

Being a leader requires high diligence and willingness to work. Francisco Domenech is the current managing partner of Politank. This is a law firm that deals with government law affairs, especially which specializes in creating different strategies to represent private interests in government meetings. Francisco  Domenech is recognized for his long career and as a former director in legislative service and assembly office.

Francisco is highly skilled in the field of law. He acquired his skills at the University of Puerto Rico where he earned his B.A in political science. He also earned a Juris Doctor in the same University in Puerto Rico. He then became the president of the student body council for one academic year. At some point, he also served as the academic senator. This in the long run shaped him with the leadership skills he wanted to work as a managing partner. Read more Bill Clinton Visits Puerto Rico, Rich in Culture and Delegates

From 2007 to 2012, Francisco became a member of the national democratic committee where he represented the young democrats in America. In 2008, he became the deputy campaign manager during Hillary Clinton’s campaign in Puerto Rico. Later in 2016, he successfully handled another Clinton’s primary campaign where she victoriously won. Francisco also managed Clinton’s presidential campaign and organized her campaign trip during the 2016 election cycle.

His expertise in law field has provided him with a variety of opportunities in Puerto Rico and the United States. He also served at numerous courts such as the district of Colombia and federal circuit, United States court of appeal for the first circuit, the US court of international trade, US Supreme Court, and the Commonwealth of Puerto Rico.

Through himself and Politank, Francisco Domenech has helped in the philanthropic endeavors for many years. As a result, his natural talent as a lawyer and as an organization leader has been enhanced. Thanks to his wide experience and his voluntary to stand up for the people in various regions. Learn more: https://angel.co/francisco-domenech?public_profile=1

 

 

 

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Attorney Jeremy Goldstein Diligently Supports The Fountain House

Attorney Jeremy L. Goldstein has always been involved in many philanthropic activities. In May 2018 he and friends like Jim Finkel, Esq., and Omar Khan the owner of the Pittsburgh Steelers, hosted a lavish fundraiser dinner featuring the best in vintage wines and chef-inspired meals.

The wine inspired fundraiser sold tickets for $3700 and all of the proceeds would go to support The Fountain House. The Fountain House was started in 1944 under the premise of helping individuals diagnosed with a mental illness.

The Fountain House is founded on the principles of educating and training the mentally ill to be productive individuals. Specialized healthcare services and educational programs are provided through many community outreach activities throughout the New York City area. Read more: Jeremy Goldstein | Crunchbase and Jeremy Goldstein | Ideamench

Mental illness impacts more than 400 million people worldwide. The World Health Organization has called the mental illness disease a humanitarian crisis because it negatively affects families and communities.

The Fountain House helps men and women with mental illness receive opportunities like other members of the world community, by working, living, and learning new skills. Additional support provided by The Fountain House includes the following:

  • Develops unique programs through research and shared information on mental illness disease recovery
  • Collaborates with local, national, and the international community members on The Fountain House model
  • Advocates to improve the world community’s perceptions regarding men and women who are with living mental illness

The Fountain House mental illness model is now being practiced in 32 states and 30 countries. Fountain House membership is based on all members supporting each other and to always foster varied benefits that includes:

  • Growing confidence each day
  • Developing positive friendships
  • Learning new skills (communication, culinary, horticulture, education)
  • Improving employment and educational goals.

Jeremy L. Goldstein, Esq., founded his own private boutique law firm known as The Jeremy L. Goldstein & Associates law firm. The Goldstein law firm handles issues involving corporate pay programs and executive governing systems. Attorney Goldstein also advises and counsels executive owners and managers on fiscal management strategies. Learn more about Jeremy Goldstein: https://www.chambersandpartners.com/USA/person/485609/jeremy-goldstein and http://identyme.com/JeremyGoldstein

Attorney Jeremy Goldstein graduated from New York University School of Law, the University of Chicago, and Cornell University with a Juris Doctorate degree, a Masters of Art, and a Bachelor of Arts and cum laude distinction.

Jeremy Goldstein was nominated as one of America’s Leading Lawyers for Business and as an expert corporate compensation attorney. He is an active chairman of the ABA’s Business Section for Mergers and Acquisitions.

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The Influential Francisco Domenech

Francisco Domenech is a holder of a Bachelor in Political Science and Juris Doctor both from the University of Puerto Rico, Rio Piedras Campus. He is well known for his contribution in the campaigns for Hillary Clinton mostly in Puerto Rico when she was running against Senator Obama in 2008 and Senator Sanders in 2016. His interest in politics has put him on the map as before becoming the deputy campaign manager for Hillary Clinton in 2008, he was already a delegate to Democratic National Convention for two terms being 2004 and 2008. He continued with this position for two more terms being 2012 and 2016. View Francisco Domenech’s profile at LinkedIn

His representation of the Young Democrats of America as a member of the Democratic National Committee is as well evidence of his commitment towards politics. Currently, Francisco Domenech is the managing partner of Politank which happens to be a government undertakings law firm. The firm focuses on developing approaches to utilize in representing the private interests during federal meetings. The fact that he started practising law as early as the age of 27 means that he has earned undisputable experience over the years to perform efficiently in his current position.

To help him carry out his law activities efficiently, Francisco Domenech has been accepted in various dimensions. Therefore he has been admitted to exercise law in various capacities like before the United States District Court of Puerto Rico, the United States Supreme Court, the courts of the Commonwealth of Puerto Rico and the District of Columbia Circuit as well as the United States Courts of Appeals for First Circuit. In that case, for him to gain this kind of approval, it means that he has earned the trust and confidence of all these institutions. Other than working all the time, Francisco Domenech is involved in charity work individually and with the support of his company Politank. In that case, he gives back through liaising with foundations such as the Clinton Foundation, Museum of Art of Puerto Rico, Congressional Hispanic Caucus Institute and the Washington Center or Internships and Academic Seminars as well as Hispanic Heritage Foundation.

Read more: http://www.washingtonpost.com/wp-dyn/content/article/2008/04/07/AR2008040702603_2.html?nav=rss_politics&sid=ST2008040703002&noredirect=on

 

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Jeff Herman And Several Other High Profile Individuals Rally For The Passing Of The Child Victims Act

 

At a time when no attorney had been able to successfully get justice served for victims of sexual abuse from a clergy member, one Mr. Jeff Herman made the headlines when the judge ruled in favor of his client during such a trial. In 2002, Jeff Herman took on a sexual abuse case against the Archdiocese of Miami. For the very first time in history, he got to present such an argument during a trial and won a One Hundred-Million-Dollar Verdict. This was the breakthrough point in his career as no lawyer could stand a chance against the Catholic Church at the time.

 

Since then, Jeff Herman has devoted his career to representing victims of sexual abuse in courts of law. He has made a reputation for himself for apologetically exposing sexual offenders and the prestigious and influential organizations that protect such people. With a juris doctorate from the School of Law of the Case Western Reverse University, Herman began a practice. His firm; Jeff Herman Law Firm, started out as a general law firm handling all sorts of cases, but later one became an exclusive handler of sexual abuse cases.

 

In light of the recent increase in cases of sexual abuse towards children, Herman has joined the vast myriad of celebrities from all around the state of New York advocating for the child victims act to be passed.

 

The Child Victims Act is a Senate bill sponsored by Brad Holyman of Manhattan. The law is meant to do away with any form of the statute of limitation whether civil or criminal when it comes to cases of child sexual abuse. The current statutes of limitation permit for cases of such crimes to only are presented in court within the five years of the offense. In such a case, the victim is given just a year within which they should have filed a case, and in case the perpetrator belongs to an institution like the church, then the victim has three years to file the lawsuit. These limitations are what the people of New York are rallying against.

 

Celebrities and high-profile individuals in the State have publicly shown their support for the bill with the most recent ones being Sarah Powers of the national volleyball team and Corey Feldman, the actor, and renowned activist.

 

 

Refer to This Article on Biz Journals for more information.

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