Why Whistleblowing Is Important
Blowing the whistle is in the best interest of anyone who has encountered some form of securities fraud. This can be difficult when you need to blow the whistle on the company you work for, but a company that doesn’t promote a whistleblowing culture is likely to fall apart or be dominated by bad behaviors and misconduct.
Protect Investor Funds
The money provided by investors not only helps the company run and become a success, but it also helps provide the positions that you and your colleagues are employed through. When these funds are put in jeopardy by money laundering, embezzlement, insider trading, and other forms of securities fraud, everyone loses.
Doing the Right Thing
If you have knowledge of violations of securities laws and are unsure if you should report the information you have to the Securities and Exchange Commission (SEC), consider your personal integrity. It’s always advised that you do the right thing, and helping the SEC obtain justice for the people victimized by fraudulent activity is exercising good morals.
While you may be afraid of retaliation by your employer, the SEC has implemented strict provisions against retaliation as described in Dodd-Frank. Your whistleblower attorney will work with you to maintain your anonymity, and while there are risks to blowing the whistle, the benefits far outweigh them.
Stabilization of Financial Markets
With increasing corruption comes an unstable financial market, which affects not only investors, but taxpayers like you as well. The SEC has recovered more than $28 billion of taxpayer dollars since the enactment of the False Claims Act. This money would have otherwise been lost to fraudsters if it hadn’t been for the tips of whistleblowers.
When accurate information is filed with the SEC or provided to the SEC through whistleblower revelation, investor confidence remains intact and the financial markets remain a safe place to conduct trades and business.
Speak with an SEC Whistleblower Lawyer
If you are still apprehensive about becoming a whistleblower, get in touch with a Meissner Associates whistleblower attorney today.
With substantial experience in securities laws and the SEC whistleblower program, we will be able to further advise you on the best course of action to take so that the information you have is brought to light while protecting your rights. Give us a call at 1-866-764-3100 or fill out the form below to schedule a free, confidential tip evaluation today.