Dodd-Frank Awards, Protections Lure Whistleblowers to Come Forward
The massive Dodd-Frank Wall Street Reform and Consumer Protection Act, known as Dodd-Frank, brought sweeping reforms to the financial industry. In addition to the institution of new regulatory groups and consumer protections, the Act strengthened the protections granted to financial whistleblowers and created an award system for whistleblowers whose complaints lead to a successful investigation.
Law firms are currently experiencing an influx in whistleblower claims. Some firms attribute the increase in cases to the tougher protections and new awards established under ...
