Litigation Attorney in Chicago

Whistleblower & Dodd-Frank Claims

It should go without saying that workers have the right to stand up for themselves and their coworkers if they feel that they are being unfairly discriminated against or that a law is being broken in the workplace. There are too many cases, however, of whistleblowers being retaliated against for doing just that. The pressure to remain silent in the workplace can be a reason why many people choose not to stand up for what is right for fear of harassment or even of losing their job.

One should never have to make the choice between doing what is right and keeping their employment!

Lawmakers have implemented protections to aid those who have reported discrimination or other unlawful conduct against retaliation. As a former floor trader and brokerage executive, Chicago whistle blower lawyer R. Tamara de Silva is familiar with the many federal and state laws that provide whistleblowers with the protection they deserve.

The Rights of the Whistleblower

Whistleblowing is a big decision, but it is encouraged because it can:

  • Help the SEC identify and take action against possible fraud and other law violations
  • Protect investors
  • Preserve U.S. capital markets
  • Expedite the process of holding lawbreakers accountable for their misconduct
  • Help you recover your job and wages

There are several protections available to whistleblowers that prohibit retaliation for exercising their legal rights. These protections vary depending on the circumstances of each individual case.

For example, the Civil Rights Act, the Americans with Disabilities Act, and the Age Discrimination in Employment Act, in conjunction with each state's own individual provisions, are in place to protect those who have filed a complaint, acted as a witness, cooperated with investigators, or exercised any other legally protected actions in response to harassment and discrimination in the workplace.

Additionally, federal and state wage laws protect employees against retaliation for raising concerns about illegal wage practices or for filing agency complaints and/or lawsuits.

Other circumstances can fall under the protection of Sarbanes-Oxley and Dodd-Frank whistleblower laws, which often work in tandem with each other to encourage employees to come forward with information and suspicions of fraudulent activity and other acts of malfeasance.

Dodd-Frank Whistleblower Protections

Section 922 of the Dodd-Frank Wall Street Reform and Consumer Protection Act offers protection to employees in the financial industry who have suffered negative employment action as a result of reporting to the Securities Exchange Commission to sue for lost wages and other reimbursement. Additionally, it provides a monetary award for original information that leads to successful enforcement action, equivalent to between 10% and 30% of the monetary sanctions recovered.

Knowledgeable Advice for Chicago Whistleblowers

If you have been considering acting as a whistleblower, Attorney R. Tamara de Silva understands the weight of your decision. Retaining her experienced legal counsel can provide you with the confidence you need to proceed with your case. Don't stand by as others infringe upon your rights – fight for what you are entitled to with a hard-working Chicago whistle blower lawyer on your side!

Contact the Law Offices of R. Tamara de Silva today at (312) 265-3256 or fill out a brief form to set up your free case evaluation.