SEC & CFTC Whistle Blowing

Dodd-Frank Wall Street Reform and Consumer Protection Act Representation

Excerpts From the Current SEC Whistleblower Rules Which the Meissner Firm Directly Participated in Lobbying the Commission Back in 2011

Well over Two Decades of Legal Experience, Meissner Associates

As one of the first law firms to have filed a Claim back in 2010, immediately following the passage of the law, the Meissner firm is well known in the halls of the SEC and CFTC for filing highly qualified Claims which have been carefully screened by our firm, providing a stamp of approval on any claim that it believes meets the standard of interest by the SEC or CFTC. While over 13,000 submissions have been made by the public since the law was passed in 2010, and the Meissner firm has filed several submissions during such time, only two claims filed by our firm have yet to be formally rejected by the Commission to date. While claims do take a long time to properly investigate and process, we are confident based on the feedback we have received, that many of our clients will eventually obtain substantial awards on their filings. As one of the first law firms back in 2010, even before the SEC had a whistleblower office, to launch an entire web site and movie advertising campaign  devoted to the whistleblower program, which was the focus of enormous media attention, the Meissner firm is well known in the whistle-blower community. More importantly we value our reputation as a former prosecutor and securities regulator within the SEC and CFTC itself, as it is they who decide which cases to move ahead on and which cases are dropped. Mr. Meissner has a direct line of communication over the years with the head of the SEC whistleblower office and discusses issues of concern on a regular basis with him and his staff, assisting his clients both with filing initial claims, updating old claims, and doing everything possible to ensure that the SEC and CFTC succeeds, so that  justice is accomplished both for victims of securities & commodities fraud and the whistleblower. 

The Whistle-blower provision within the recent Dodd-Frank Act provides that whistleblowers that provide original information relating to a violation of the securities laws to the SEC, which leads to a successful enforcement action, will be awarded with up to 30% of a total recovery that is greater than $1 Million. The Meissner Firm assists clients on a contingency basis in pursuing whistleblower claims with the Securities and Exchange Commission (SEC) and Commodities Futures Exchange Commission (CFTC). As a former regulator and prosecutor, we make sure that your claim is properly processed so that you obtain the recovery that you are entitled to and use resources to encourage and assist the SEC and/or CFTC in pursuing the matter so as to obtain compensation on the whistleblower’s behalf.

Further, the Dodd-Frank Act has created liability when an employer discharges, demotes, suspends, threatens, harasses, directly or indirectly, or in any other manner discriminates against, a whistleblower in the terms and conditions of employment because of any lawful act done by the whistleblower, whether in providing information to the SEC, initiating, testifying in, or assisting in any investigation or judicial or administrative action of the SEC related to such information. If you feel that you have been the victim of discrimination based upon your actions as a whistleblower, the Meissner firm can assist you in pursuing a cause of action against your employer if needed. The Act provides that an individual prevailing in such an action may receive relief in the form of (i) reinstatement with the same seniority status that the individual would have had, but for the discrimination, (ii) 2 times the amount of back pay otherwise owed to you, with interest, AND (iii) compensation for litigation costs, expert witness fees, and reasonable attorneys’ fees.

The Meissner Firm has successfully represented many employees of public companies in whistleblower actions against their employers and former employers prior to the Finreg – Frank-Dodd Act and the new law which provides an entirely new avenue of compensation which the Meissner Firm is assisting whistleblower clients on. If you have information regarding securities law violations by your current or former employer, contact the Meissner firm for a free and entirely confidential consultation* at (212) 764-3100 . The firm coordinates all pressure points, so as to obtain the best results for its clients in seeking compensation for their legitimate claims and defenses. As in the case of a Whistleblower claim which led to a New York State Attorney General investigation as reported in the Wall Street Journal.

Mr. Meissner spent many years as an Assistant Attorney General with the Securities Investor Protection Bureau and the Financial Crimes Unit of the New York State Attorney General’s Office under two Attorney Generals, along with the Trial Division of the Manhattan District Attorney’s Office under Robert Morgenthau. He uses this experience and his training to represent clients in Whistle-blower claims. The firm also handles allegations of FINRA / SEC / CFTC violations before the SEC, NYSE or FINRA. He has appeared numerous times in print and in the broadcast media, and has served as a consultant for an A&E documentary on stock broker fraud.

* Before we gather any information regarding a whistleblower matter we will determine if we have already filed a claim relating to the same entity so as to avoid any conflicts, as any information provided related to whistleblower matters which the firm has already been retained on and/or have filed complaints on with the SEC or CFTC may not be maintained as confidential, with respect to the firm’s own related whistleblower client(s) and/or the SEC or CFTC or other regulatory or law enforcement authorities. For more information please call the firm at (212) 764-3100. Unlike other firms, we take great care with respect to your privacy and your information so as to provide you, our client,  with ultimate loyalty .

FINREG AND SEC/CFTC WHISTLEBLOWER

The new Whistleblower provision within the recent Dodd-Frank Act provides that whistleblowers that provide original information relating to a violation of the securities laws to the SEC, which leads to the successful enforcement, will be awarded with up to 30% of a total recovery that is greater than $1 Million. The Meissner Firm assists clients on a contingency basis in pursuing whistleblower claims with the Securities and Exchange Commission (SEC) and Commodities Futures Exchange Commission (CFTC). As a former regulator and prosecutor, we make sure that your claim is properly processed so that you obtain the recovery that you are entitled to and use resources to encourage and assist the SEC and/or CFTC in pursuing the matter so as to obtain compensation on the whistleblower’s behalf.

 

Below Are Just Some of The Many Published Articles About the Meissner Firm and SEC / CFTC Whistleblower Representation From the Beginning of the Passage of the Law by President Obama in 2010.  As Documented by the Rules Themselves The Meissner Firm Was One of The Only Pro Whistleblower Firms to Actually Have Participated in the very Drafting of the SEC’s Own Whistleblower Rules Which Are Now in Effect Which Input from Years Prior Now Assists His Clients


CNN Money – Insider trading defense: It’s just a bunch of lies

Insider trading defense: It’s just a bunch of lies – Read full article here


Deal Breaker – Raj Rajaratnam Did Not Appreciate Having An Employee Question His Goldman Inside Information

Raj Rajaratnam Did Not Appreciate Having An Employee Question His Goldman Inside Information – Read full


Business Insider – Here’s What A Former Analyst Says Happened At The Galleon Office After Rajaratnam Heard Goldman’s Numbers

Here’s What A Former Analyst Says Happened At The Galleon Office After Rajaratnam Heard Goldman’s Numbers…


CNBC – Accused Hedge Fund CEO Allegedly Called Analyst ‘Idiot’

Accused Hedge Fund CEO Allegedly Called Analyst ‘Idiot’ – click here to read full article


Financial Times – Former Galleon employee in talks on testifying


NY Post – Twist in Raj Trial


NY Post – SEC Whistleblower call draws few tipsters


Financial Times – Former Galleon Employee Talks on Testifying


CNBC – Using Greed—and Lots of Cash—to Fight Greed

CNBC – Using Greed—and Lots of Cash—to Fight Greed – Click here to read the full article


CNBC Quiz: Whistleblowers Features Stuart Meissner in Question #6


Front Page of The Boston Globe 01/18/2011 Unsealed Files Tell David vs. Goliath Tale – Meissner Featured


Suffolk Superior Court 12/22/2010 Final Ruling of the Court: James F. Dever v. Oppenheimer & CO., INC. – Meissner Featured


Boston Globe 12/21/2010 Judge Tells Oppenheimer To Reveal Documents – Meissner Featured


SECSnitch.com – New Web-site sponsored by the Law Offices of Meissner Associates. – SECSnitch.com, SEC Lets Whistle Blowers Get Rich for doing the Right ThingSECSnitch.com Commercial now in Movie Theaters Throughout New York


Washington Post – SEC tries to decide how to set the rewards of whistleblowing


NY POST – Whistle-blahing limits set on SEC tipster program


NY POST – Informer: BofA hawked risky deals to customers


Swedish Daily News


NY POST – Whistleblowers rise to the FinReg Bait – Read Article


PR Web – New SECSnitch.com SEC Whistleblower site and Theatre Ads Launched by Law Firm


NY POST – Get Snitch Quick: ‘Wall Street’ stirs whistleblower outreach idea


FORTUNE Magazine – Did Plainfield commit fraud? The FBI wants to know. – Meissner Quoted. Read Full Article…


NY POST – Meissner Firm Files Whistleblower Complaint Regarding Plainfield Hedge Fund.

The embattled hedge fund titan, whose mastery of distressed assets helped him build his Plainfield Asset Management into a $5 billion fund at its peak, intentionally overvalued his firm’s assets so he can pocket fraudulently inflated management fees, according to a whistleblower complaint lodged with the Securities and Exchange Commission this month… Read Full Article


Stuart D. Meissner Esq. SEC Comment Dodd-Frank Whistleblower Statute

Stuart D. Meissner Esq, Comment SEC Regarding The New Dodd-Frank Wall Street Reform and Consumer Protection Act. on SEC.gov


DOW JONES – Meissner, who specializes in securities cases, shared Kuo’s counterclaim in which he argues that he shouldn’t have to return the bonus, and in fact deserves $1 million in damages from Wells Fargo for allegedly misleading him about the move. Read Full Article


PR WebFirst Whistleblower Complaint Filed With the SEC Pursuant to the New Dodd-Frank Wall Street Reform and Consumer Protection Act.


Forbes.com – Law Lets Whistle-Blowers Get Rich For Doing The Right Thing. Written by Stuart D. Meissner Esq.

Read Full Article



Lessons Learned First Dodd Frank SEC Whistleblower Award – Should Whistleblowers Jump In Naked?


Suffolk Superior Court 12/22/2010 Final Ruling of the Court: James F. Dever v. Oppenheimer & CO., INC. – Meissner Featured