Phillips & Cohen has been consulted by and has advised lawmakers and agency officials in every significant piece of whistleblower legislation since 1986, including the Dodd-Frank Wall Street Reform law. Dodd-Frank established the Securities and Exchange Commission's whistleblower program and the Commodity Futures Trading Commission's whistleblower program.
Philllips & Cohen long advocated for a strong SEC whistleblower reward program before Congress passed Dodd-Frank in 2010. (See “Encouraging whistleblowers, discouraging fraud,” and “Whistleblower bounty must go hand-in-hand with reform.”)
We have filed a number of whistleblower cases with the SEC and CFTC and have worked with government investigators and enforcement officials on them. The case of one Phillips & Cohen client who provided the SEC and CFTC with information about a $160 million Ponzi scheme was featured in the New York Times.
At the same time, the law firm's attorneys have continued to pursue the interests of its whistleblower clients and all whistleblowers generally regarding the SEC and CFTC whistleblower reward programs.
Based on our experience with qui tam (False Claims Act) cases and the Internal Revenue Service whistleblower program, we know how crucial it is to remain vigilant in protecting not only our own clients’ rights but those of all whistleblowers. We take nothing for granted, given how powerful business and industry lobbies are.
Because of our expertise and track record of results, the media looks to Phillips & Cohen to comment and offer opinion and insights about whistleblowers and the SEC and CFTC whistleblower programs. See links below for some examples.
- Articles about the SEC whistleblower reward program quoting Phillips & Cohen attorneys.
- Op-eds and published letters to the editor about the SEC whistleblower program written by Phillips & Cohen attorneys.
- "Fraud Matters," an online column on Forbes.com that discusses issues relevant to SEC, CFTC and other whistleblowers. It is written by a Phillips & Cohen attorney who is a Forbes contributor.