What Can A SEC Whistleblower Expect?

Whistleblowers save a lot of innocent people from suffering a great deal of unfortunate calamities. Financial calamities are among them. Hardworking people who put their money into hedge funds and other investment vehicles do not want to be ripped off. Yet, the news are filled far too frequently with tales of fiscal crooks robbing from those who entrusted them. Even corporations have been robbed by analysts and investment bankers whom the corporate board entered into good faith agreements with.

The sad reality here is the cloistered environment of the financial world means no one on the outside knows what may be occurring. Therefore, the Securities Exchange Commission and other legal entities are reliant on word from the inside to cast light on wrongdoing. This is where whistleblowers and their attorneys prove so helpful. By alerting the Securities Exchange Commission to illegal activities, whistleblowers help the SEC stop such things. In addition, the SEC could very well award a hugely generous sum to the whistleblower. With the proper representation of a SEC whistleblower lawyer, getting the reward may become a more streamlined process. The process is also a legal one derived from the Dodd-Frank Financial Reform Bill passed by congress several years ago.

And the legal world of SEC whistleblowing is quite active. Labaton Sucharow is a law firm that reveals just how active things are. The firm only handles whistleblower cases and was the first to exclusively do so.

What did Dodd-Frank do for potential whistleblowers? There are a number of items in the law that greatly assist potential whistleblowers. Protections were put in place in the law. Legal protections may be the most important item in the legislation since these regulations make potential whistleblowers less fearful of coming forward. There is one item, however, that would probably motivate a whistleblower the most. This would be the reward clause in the legislation.

The law stipulates a whistleblower may collect 10% to 30% of recovered sanctions in excess of $1 million. Hence, a company that is fined $5 million could lead to a whistleblower receiving $500,000 to $1.5 million. Generous sums to be sure.

Blowing the whistle on a financial operation that is running below board is a complex endeavor. To deal with the situation properly, working with a SEC whistleblower attorney might be the best plan.

Geoff Cone and the Way New Zealand Works

Recently, people have been running to New Zealand because of the many benefits that come with living in the country. The country is able to provide the people with a great economy, a beautiful countryside and lower taxes…or so the expats think. The truth is, there isn’t much in the way of tax breaks for New Zealand hopefuls.

New Zealand does not have lower taxes compared to countries that are similar. The country may actually have slightly higher-than-average taxes and that can be a problem for people who make a lot of money in the career that they have. This is something that can be somewhat of a problem for people who move there with the sole purpose of lowering taxes. One thing that New Zealand does have is tax transparency. This allows people to learn as much as possible about the country before they move there, including what they will make once they begin working in New Zealand.

While New Zealand may not be the perfect place to go for people who are looking for tax breaks, there are some locations that do promise tax breaks to people who are living in different areas. These countries are called tax havens and this is something that allows people the chance to truly get a break on the high taxes that come along with making a lot of money. This can be a problem for the majority of people and can be something that changes depending on the year.

Geoff Cone has worked hard to become a global attorney. Him and his firm serve people who are working toward different life goals and he makes sure that he is able to help them with all of the questions that they may have regarding the global moves that they will make. He has been especially instrumental in helping people who want to make sure that they are getting the most out of their tax-driven global move. He wants people to be aware of the different implications that come with tax-free living and with having a lifestyle that comes along with living in different tax locations.

There are several things that can happen when people choose to live tax-free and Geoffrey Cone knows all of them. He has lived tax-free himself and actually chose to leave New Zealand for a country that is tax-free. It was an excellent way for him to improve everything that he had with different people. He also helps to compile the list of tax-free countries in the world so that his clients along with everyone else in the world can reap the benefits that come with the list. He makes sure to always help people decide which tax-free option is best for them.

Learn more:

http://www.globallegalinsights.com/firms/cone-marshall/geoffrey-cone

http://www.stuff.co.nz/life-style/home-property/nz-house-garden/70660199/couple-bring-their-laidback-kiwi-style-to-uruguayan-home

Why Geoffrey Cone is Becoming a Model for Taxation Principles

Recently in an article regarding the taxation principles for New Zealand, a partner from Cone Marshall law firm, Geoffrey Cone gives the inside scoop on what many are asking about taxes in New Zealand. Cone sets the record straight with facts and information that should clear up how the world views taxes and taxation principles that are often hard to face. Cone knows that oftentimes the facts can get lost in the issue of taxes and how they apply to a foreign trust and how it’s being managed.

While many have believed that New Zealand is a tax haven, Cone wants to share otherwise with the general public. The wealthy that are stuck in the midst of complicated financial deals only make for good soap operas, but what Cone talks about is real and sets the tone for what taxation principles should look like. While New Zealand isn’t a tax haven, it’s probably one of the most ideals that any country could follow in regards to taxation principles and how they work.

It’s the facts about a tax haven that you should understand before you can make the assessment that a country is indeed a tax haven. This means that charging no taxes or only nominal tax fees is a big part of creating the haven and neither of those is true for New Zealand. When problems arise in sharing information with other governments it is also essential that you have an “open door policy” when it comes to taxation principles and how they work. One of the most important points Cone makes is that there is no use of a secretive or private banking system as there is in other countries. This makes New Zealand a great place for business owners that are okay with the government and any institution looking at the book of business any owner has.

Transparency is the standard for New Zealand, and ideally they follow the 2002 OECD Model of Agreement for Exchange of Information on Tax Matters. This means that the standard supports being open regarding international and domestic tax laws at all times. It is also important to note that the country of New Zealand was the first country to be put on the list for this endeavor. Foreign trusts are now in the hot seat but Cone has stated openly that how they are handled is a great example of how transparent the tax matters are in New Zealand. Learn more: http://www.stuff.co.nz/life-style/home-property/nz-house-garden/70660199/couple-bring-their-laidback-kiwi-style-to-uruguayan-home

Geoff Cone clarifies that requirements placed on trustees have made it such that they must share information with any government’s inquiries regardless of the matter, amount of taxes discussed and all other matters regarding the foreign trust. A critical form the IR607, is a disclosure form that is used for all tax purposes in the country of New Zealand, and any matters of accounting, including account numbers, charts, and any other pertinent information must be kept by the accountant at all times.

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Geoffrey Cone: A Tax Expert Showing New Zealand’s Commitment in Halting Tax Evasion

New Zealand is a transparent country when it comes to their banking system and tax laws, which is something that Geoffrey Cone is well aware of. Geoffrey Cone is an expert in New Zealand tax law and international tax law. He is also attempting to shed light on the recent news about New Zealand becoming a tax haven for people who are looking for tax relief. It was clear to Cone that these allegations were not true given the transparency of the country, not to mention other details that Cone is aware of, but this does not mean that others are as knowledgeable. Cone does not want people to have a misconception about New Zealand, which prompted him to give a response regarding these allegations.

It should be noted that Cone has been in the forefront of tax law for years. He graduated with honors from a very well-recognized educational institution called the University of Otago. Geoffrey used his love for tax law and details to get through his education and to rise in the world of tax law. There was no doubt in Geoffrey’s mind that this was the career that he wanted to pursue. Geoffrey now has his own his own firm where he has helped hundreds with their issues or questions.

Cone hopes that people read into some of the facts regarding New Zealand, which he is sure will clear up any misconceptions. The first fact that he points out is that the country has been a transparent country regarding tax and banking information. The laws are set in place to ensure that governments are able to access information if necessary. Cone points out that this is the opposite of a tax haven, which have laws set in place that protect information regarding finances.

Cone also points out that New Zealand now has about 39 double tax agreements. These agreements have been designed to target people who are attempting to evade taxes one way or another. He also has over 20 tax information exchange agreements with different countries around the world and are hoping to expand that even further. It is clear to Cone that these are the type of actions that should make it clear to people that New Zealand is the opposite of a tax haven. Cone hopes that this information is enough to ensure that people stop referring to New Zealand as a tax haven.

How Can Labaton Sucharow Help Whistleblowers?

Labaton Sucharow is a law firm that is dedicated to helping people who want to blow the whistle on things that are going on in the world of the SEC. They are a firm that works exclusively with the SEC whistleblowers and they consider themselves to be experts in the SEC and what is legal as well as what is not. They have worked hard to be among the best and only firms that work with SEC whistleblowers exclusively and they dedicate their practice to improving the SEC whistleblower program by helping people who want to report problems.

They are able to help by giving guidance to people who want to blow the whistle on unfair or illegal practices in the SEC. This is something that is difficult to do and many people may not even know that they have the right to do so. They may not know where they need to go to make the report and may be worried that they are doing it the wrong way. This is something that changes regularly and something that may be difficult to follow. The law firm is always up to date with the changes and the way that people can go about reporting it to different agencies. This is the sole purpose of the law firm.

The firm dedicates themselves to all of their clients. One client, who recently decided to report the SEC, needed help from Labaton Sucharow. He wanted to make a report and did so with the help of an attorney. This ended up with him getting the second biggest reward in the history of the SEC. It was the first time that Labaton Sucharow was able to take this distinction and they were proud not only of their work but of the client who decided to take a stand.

The SEC created this program in response to an overwhelming number of problems that were going unreported by people who worked with the SEC. The problems were major and were causing the commission to lose a lot of money in the time that they were working. They were also losing employees who were fearful of reporting the information to the authorities because they would be fired by the ones who were doing wrong for doing so. This was a major problem and the whistleblower program was created in response to that going on.

Labaton Sucharow Client Honored

Labaton Sucharow LLP is an institution that earned the respect of many people in the world after introducing the first exclusive practice that is mostly dedicated to the Securities and Exchange Commission whistleblowers.

Just recently, the company announced that SEC had decided toward over seventeen million dollars to a whistleblower who has been represented by the firm for some time now. The whistleblower had successfully managed to expose some major wrongdoings that were taking place in the financial service department.

According to the company, this will be the second last award from SEC Whistleblower Program that was started over six years ago. For the last six years, the unique program has allowed several eligible whistleblowers to get around ten to 30% of the monetary sanctions that are collected when there is a successful action.

The client from Labaton Sucharow had previously provided very crucial information that led to the sanctions against some of the huge players in the country’s financial market. Just like in other cases, the whistleblower is supposed to remain anonymous to the rest of the world so that they avoid blacklisting and retaliation. SEC decided to keep the client’s name confidential because the whistleblower was a key player in revealing the wrongdoings.

Jordan Thomas works as one of the SEC whistleblower lawyers in the country. He is currently the chairman at Labaton Sucharow. Jordan said that his client was brave enough to blow the whistle and tell the world about the wrongdoings taking place in the industry, while the rest of the employees in the department were contented and silent, watching as the investors were being harmed. Jordan believes that the future will be brighter if more courageous whistleblowers come up and report significant cases. According to him, this is only the beginning.

Labaton Sucharow has established over fifty years ago. The firm is one of the premier law institutions’ that mostly represent institutional investors, businesses, and all consumers in the complex securities. The law firm was recognized years ago when it managed to establish a unique practice that would protect the rights of whistleblowers who chose to report some of the violations that take place to SEC. The company has done well, and it has transformed the financial departments in different companies. Thanks to the services offered by the law firm, more people are being encouraged to come up and blow the whistle if they notice that something is not right.

Whistleblower Attorneys Provide Considerable Service

The financial markets across the globe have been negatively affected by corruption ever since they first opened. Some of the most common transgressions that plague the markets include insider trading, unfair business practices, monopolization, and fraudulent reporting of financial statements. To help counteract the transgressions and encourage people to speak out against publicly traded businesses that are committing wrongdoings, the SEC has created various whistleblower laws that not only protect whistleblowers, but also reward them.

While whistleblower laws have been established to help protect people that are speaking out against wrongdoing, the process of becoming a whistleblower can still be an intimidating one. Due to the complexities of financial laws and the whistleblower process, it would be a good idea to a SEC whistleblower lawyer to help with the process.

An SEC whistleblower attorney can help provide a number of different valuable services. The first service that they will provide is consultation. The whistleblower will be able to approach the attorney in a very discreet manner, which will also ensure that the attorney does not report any parts of the conversation to anyone else. They will be able to discuss the transgressions, whether the transgressions are illegal, and what the process would entail to bring the company to trial. The attorney may also be able to provide a rough estimate of what the potential reward of the lawsuit could be.

After providing consultation, the attorney will also be able to help the whistleblower prepare for the case. This will include formally filing a lawsuit, handling any initial discussions with the company’s counsel, and formally requesting further information. The attorney will then be the lead person involved in receiving the requested documents and starting the process of building a case.

In many cases a whistleblower lawsuit will be held outside of the courtroom and instead will be negotiated. However, if the lawsuit goes to trial, the attorney will handle all aspects of it including the depositions, trial preparation, and litigation.

While a whistleblower attorney provides significant levels of service, they are often a very low cost option to the whistleblower. As opposed to paying an hourly wage, the whistleblower will typically reimburse the attorney by providing the attorney with a certain percentage of any judgment or settlement. This greatly reduces the potential financial risk that can come with a whistleblower lawsuit.

SEC and Frank-Dodd Act Encourage Whistleblowers to Call Out Securities Violators

Whistleblowers from many facets of life are reporting securities violations to the SEC. The Dodd-Frank Wall Street Reform and Consumer Protection Act were created by U.S. Congress in 2010. It is the biggest overhaul of any United States financial regulations since the occurrence of the Great Depression.

The Dodd-Frank Act created a new whistleblower program. This Act allows whistleblowers to get protected employment and financial incentives to report potential violations of federal securities laws. Whistleblowers report to the Securities and Exchange Commission (SEC).

Labaton Sucharow is the first law firm in the U.S. to focus exclusively on advocating and protecting whistleblowers. This law firm has the best financial analysts, investigators and forensic accountants. They all have extensive experience in state law enforcement and provide the best possible representation.

Jordan Thomas is the leader of the firm. He has experience as an Assistant Director and as a Chief Litigation Counsel in the SEC’s Enforcement Division. While he worked for the SEC, he was in a leadership position with developing the Whistleblower Program. He created drafts of the proposed legislation. He also was involved with the final implementing rules.

According to the program’s regulations, the SEC must pay whistleblowers 10-30% of monetary sanctions that are collected because of successful SEC enforcement. The sanctions must be greater than $1 million. Upon reaching this threshold, the whistleblower may be able to get additional awards based on collected monetary sanctions. Additionally, such related actions must be brought by other regulatory agencies and law enforcement organizations.

According to the Dodd-Frank Act, it is unlawful for any employer to retaliate against a whistleblower. Whistleblowers are also allowed to report any securities violations anonymously, as long as he/she is represented by an attorney.

If interested in the SEC Whistleblower Program or to receive a case evaluation, the potential client should contact the legal team. There are many different ways to contact the law firm, including phone, email or through the website. The firm also offers free consultations/case evaluations. All of the consultations are confidential and have the protection of the attorney-client privilege.

During the first consultation, potential clients are not required to give the names of the violators. It is, however, encouraged that the names are provided.

Contact an SEC whistleblower lawyer today.

Ross Abelow Savings Strays In New York City

Prominent New York City Attorney Ross Abelow proudly launched a gofundme campaign for New York City’s area animals shelters on January 13, 2016. He has chosen to head the campaign to raise $5000 for area shelters and he plans to distribute these funds to the shelters who have the greatest need, to help pay for vaccines, dental care, food, blankets and providing space so these poor abandoned animals stand a chance of finding a forever home.

During January, 2016 an estimated 1700 animals were brought into New York area shelters. Of those 1700 animals an estimated 300 healthy animals were euthanized. Some of the remaining animals were reunited with their families, others adopted by loving families, yet there are many more waiting for a home or death. As many as 20 healthy animals a day are being destroyed. Ross Abelow is hoping to help these animals survive.

Many area shelters are turning stray dogs away, as they are unable to house or care for these animals, in which case they are destroyed immediately. $5000 does not sound like much money, but to an animal shelter it helps fund the basic needs of these poor helpless animals. Many shelters accept financial donations as well as food and supplies. During the winter months the need for these items grows exponentially. Without food and shelter these animals chances of survival diminishes greatly.

A long time resident of New York City, Ross Abelow has spent a lifetime championing for the underdogs, ensuring they are given a voice to be heard. Ross has spent 27 years practicing law in some of New Yorks prominent legal firms prior to opening his own practice, Abelow and Cassandro LLC. in Jericho, New York. Ross Abelow received his juris doctor as a graduate of the Brooklyn School of Law in 1989. He was admitted to practice in the State of Connecticut in 1989 and was admitted to practice in the state of New York also in 1989.

Many of New York’s prominent attorneys specialize in certain legal areas of interest. Ross Abelow is no different, he chose to specialize in Matrimonial and Family Law, Corporate Litigations and Entertainment Law. During his free time he coaches his daughters basketball and softball teams.

How New York Attorneys Give Back to the Community

Many New York City attorneys work hard to defend the rights of their clients. They use their knowledge and experience to help their clients not only get the best outcome in a legal situation they are facing, but they help them to make decisions during a case that will benefit them over the long-term. Another way that many New York attorneys help people is by donating to charities and doing other work that benefits their community. Ross Abelow is one such attorney. He has launched a winter fundraiser that will benefit homeless animals in New York City.

Ross Abelow has been working as a lawyer in New York City for more than 26 years. He attended the Brooklyn Law school and then applied to practice law in New York State in 1990. Since that time he has been working as a matrimonial and family lawyer. At times, he will take cases that involve civil litigation and entertainment law. After more than 25 years of working at different firms in the city, he became a partner at his own law firm.

Ross Abelow decided to launch this campaign because he knows that when homeless animals are not taken care of during the winter months, they can die. As they are wandering the streets and are not able to find shelter or food, they can succumb to the terrible winter conditions and even die. Many sick animals are brought to New York homeless shelters, but sometimes the shelters have to turn animals away. They simply do not have the funding that is needed to purchase things like medicine and food for the animals that are brought in. Also, they do not have the space to house these animals. Ross Abelow hopes to raise $5,000 that can be donated to the shelters. Individuals can donate by going to the Go Fund Me page that was set up in his name. When they go to that page, they can learn more about Ross Abelow and also the winter campaign that he launched in January 2016.

He regularly updates the site and provides free legal information that has proved useful to readers. Individuals can become the his friends on Facebook and also receive helpful legal information.