Got a Tip for the SEC? Here’s Why You Should Call a Lawyer

There are multiple reasons to call a- if you believe you have a whistleblower tip for the SEC and would like to receive a financial reward.

First off, an experienced lawyer who specializes in SEC whistleblowing cases has many contacts inside the agency and can get the process underway much faster than might otherwise occur. Making a claim “over the transom” means that some amount of time will elapse before such a matter finds its way to the desk of someone who is truly capable of handling the affair.

Next, of course, is that the SEC only pays for properly vetted, high-quality information. An experienced lawyer can ensure that all of the parameters are met before filing a claim rather than having someone run the career risk of being identified as a whistleblower yet having one’s claim for compensation later rejected due to some technicality.

Third and perhaps most important, having a lawyer assist in your whistleblower claim grants an additional level of protection against identification and retaliation. Knowing that they may face legal action if they are not careful with a whistleblower’s identity can itself serve as a powerful incentive for bureaucrats to take extra care. Also, using a lawyer to file the claim can keep the actual identity of the whistleblower shielded with an extra layer of anonymity.

By expediting the process, making sure that the claim has sufficient merit to ensure compensation, and providing additional protection against retaliation, having a- on the job can really make the process work in a more just and expeditious manner. Nothing makes bureaucracy work faster and better than the knowledge that someone with legal firepower is looking over their shoulders.