The implementation of the Dodd-Frank Wall Street Reform and Protection Act came with a lot of good promises for SEC whistleblowers. In the reforms is a whistleblower reward program which specifies that SEC whistleblowers will be rewarded accordingly. The act even put in place channels that protect each and every whistleblower against possible retaliation by those who have been reported.
The reform is, however, clear about those who are eligible for a SEC whistleblower reward. Only those who provide original and meaningful information that would lead to a proper case would be rewarded. The reward comes in the form of money from the sanctions that are placed on those who are found guilty. A whistleblower is eligible for up to 30% of the financial sanctions placed on the guilty party. Together with the money incentive comes a SEC award which may be not easy to earn and this is why one will need a SEC whistleblower lawyer to see to it that all the rewards are given to him.
According to the terms of the act, a successful case that results in monetary sanctions less than a million dollars on the guilty party would not earn the whistleblower anything. This is why on needs to ensure that the information they provide builds a huge case that would lead to them bagging the reward. One can, therefore, consider getting help from a SEC whistleblower attorney to help them with this.
A SEC whistleblower lawyer also comes in handy if the whistleblower doesn’t want his/her identity revealed. One can contact SEC on the issue together with the information, and they would be provided with an attorney.
Apart from the financial rewards, protection is also given to the whistleblower. This means that an employer is not allowed to retaliate in the case that their employee leaks out sensitive information about security violations to SEC. With this Act, a whistleblower is guaranteed that they will retain their job even if the case is built successfully and the company gets huge monetary sanctions. The law is clear about employers who go against this act. They will have to double pay the whistleblower and also compensate for all that was lost during the period in which they were retaliating.
Learn more: http://www.prnewswire.com/news-releases/second-largest-sec-whistleblower-award-granted-to-labaton-sucharow-client-300282555.html
On the 29th of August, Madison Street Capital was named as the finalist for the 15th Annual M & A Advisor awards. Madison Street Capital is based in Chicago, Illinois and is a recognized international banking firm. The M&A Awards recognizes firms in the financial industry and mainly focuses on three things. The award recognizes prowess in deal making as well as restructuring and financing. Finally, the awards are focused on celebrating the achievements as well as the contributions of professionals and leading firms in the financial industry. With regards to this awards, Madison Street Capital was nominated for Boutique Investment Banking Firm of the Year –international as well as the industrials Deal of the Year. This was for the under $100 million categories. Madison Street Capital was nominated for the latter award because of the role that the firm had played in the acquisition of Acuna & Associates S.A by a firm known as Dowco. This acquisition was led by Madison Street Capital Senior Managing Director. His name is Karl D’Cunha.
While commenting on the awards, the Chief Executive Officer and the founder Mr. Charles Botchway said that the firm was happy to have assisted in the sale Acuna and Asociados to Dowco. He also said that is was an honor for the firm to be in contention for the Boutique Investment Banking Firm of the Year. He further stated that the firms’ deal makers work tirelessly to ensure that their clients get the best deals in the market. The senior managing Director also acknowledged that the acquisition of Acuna & Asociados was a complex deal as it involved a lot of moving parts. The winners of this award will be revealed on the 9th of November this year. This will be during the 15th Annual M&A Advisor Awards Gala that will be held at the New York Athletic Club. This article can be found on benzinga.com
If there is one thing that Madison Street Capital is committed to other than international investment is integrity, excellence, leadership as well as services in delivering its services. The firm provides a wide range of services such as mergers, corporate advisory services as well as acquisition expertise and financial options. Finally, Madison Street Capital also specializes in Valuation of publicly and privately owned companies. The services that this firm offers puts the client in a succeeding path. Once you hire the firm, your goals and objectives become their own.
United Way focuses on solving pressing issues in the societies such as levels of education and poverty. Apart from having offices in Chicago, Madison Street Capital has offices in other places such as Africa and Asia.
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