How Much is Too Much? Whistleblower Bar Challenges the SEC’s Recent Whistleblower Program Amendments
By EsqSocial Corporation 14/01/21
On January 13, 2021, prominent whistleblower attorney and a principal architect of the Dodd-Frank Act whistleblower program, Jordan A. Thomas, filed a complaint against the U.S. Securities and Exchange Commission (“SEC” or “Commission”) seeking a declaratory judgment that certain provisions of the SEC’s recent whistleblower program amendments are invalid and cannot be enforced. Specifically, the complaint challenges the SEC’s “clarification” of its authority to limit the size and number of...
By: Orrick - Employment Law and Litigation