Have you ended up in a situation at the securities firm you work at where you have realized something illegal is going on? Are you considering becoming an SEC whistleblower?
If so, here are a few things you should know before you take that final step.
Getting an SEC Whistleblower lawyer is vital — Deciding to become a whistleblower is usually a frightening thing, especially as securities firms can often be vindictive once they realize you are about to turn them in to the SEC.
This is why hiring a lawyer that specializes exclusively in representing clients that are whistleblowers is vital. These types of lawyers know exactly how to protect you from your employer, as well as how to advocate for your rights when it comes to the financial awards you may be due.
Once you have a lawyer, you can also decide to report a securities violation anonymously. Something you cannot legally do if you are only being represented by yourself.
A good SEC Whistleblower attorney will also be part of a company that has investigators, forensic accountants and analysts who are ready to uncover any information they think is key to your case. Information that can also be used to protect you, and to bolster your claim for additional monetary awards.
How to find the right lawyer — Now you know why it is important to have the right lawyer representing you, how exactly do you go about finding one?
Start by doing an Internet search for companies that solely represent people who have decided to become whistleblowers. Read their websites, but read them in-depth.
Look at FAQs they may have, read their eligibility statements, learn about employment protections, anonymous reporting and find out about the monetary awards they say you could be eligible to receive.
Finally, make sure they have downloadable handbooks for SEC whistleblowers, so you have a chance to read about what you are letting yourself in for before you even start.
Compare each company you see against any other company you find.
In most cases, the right lawyer for you will stand out quickly, as they will be the one with the most in-depth information available to you before you even decide to sign with them.
Contact this company, tell them about your case and ask them to create a case evaluation for you. Once you are happy with the service you receive, agree to have that lawyer and that firm represent you.