Once an S.E.C. Regulator, Now Thriving as a Lawyer for Whistle-Blowers - FORECLOSURE FRAUD

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Once an S.E.C. Regulator, Now Thriving as a Lawyer for Whistle-Blowers

Once an S.E.C. Regulator, Now Thriving as a Lawyer for Whistle-Blowers

NYT-

When Jordan A. Thomas left the Securities and Exchange Commission in 2011, he could have landed a job at a top law firm, likely earning $500,000 or more a year to defend corporations and Wall Street firms in government investigations.

But Mr. Thomas had another plan: He wanted to build a law practice representing whistle-blowers seeking to expose corporate wrongdoing.

“People thought I was crazy not to go into a big corporate defense practice where I could make a lot of money,” Mr. Thomas said.

Seven years later, his bet is paying off. He has built one of the top legal practices in the country representing corporate whistle-blowers. And because of a program that Mr. Thomas helped create at the S.E.C., in which whistle-blowers can receive a cut of penalties the agency imposes as a result of information they provide, the money is starting to pour into Mr. Thomas’s firm.

[NYT]

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