The seal of the U.S. Securities and Exchange Commission at their headquarters in Washington, D.C. REUTERS/Andrew Kelly
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(Reuters) - Plaintiffs lawyer and former Securities and Exchange Commission regulator Jordan Thomas said Tuesday that he has launched a new law firm to pursue awards under an SEC whistleblower program he helped create a decade ago.
Thomas left securities law firm Labaton Sucharow to chair the new firm, SEC Whistleblower Advocates, along with Labaton attorneys Richard Levine, Michael Stevenson, Timothy Warren and Robert Wilson. All were previously SEC lawyers.
Thomas, who led the whistleblower practice at Labaton, said all of the group's clients are coming with them to the new firm, which has offices in New York and Washington, D.C.
The spin-off leaves Labaton without any attorneys specializing in whistleblower representation, according to the firm's website. Labaton chairman Christopher Keller did not immediately respond to a request for comment.
As former assistant director at the SEC, Thomas helped develop the agency's whistleblower program. The SEC is routinely breaking records with respect to whistleblowers, Thomas said. The agency says it has doled out more than $1 billion in...
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