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U.S., U.K. and German law firms team up to help whistleblowers

GRC Announcements | December 22, 2016

New York law firm Meissner & Associates and two European law firms—Naegele and London-based Brahams Dutt Badrick French—have teamed up to launch a first-of-its-kind collaborative platform to help Europeans call out financial wrongdoing and benefit from U.S. whistleblower laws.

The three-way alliance is designed to help employees, suppliers, and other stakeholders of international companies who identify financial misconduct in European operations bring lawsuits and advance enforcement actions by the U.S. Securities and Exchange Commission. Eligible clients could include anyone working with a European or multinational company whose securities trade on U.S. exchanges, as well as American companies that do business in Europe.
 
Under the 2010 Dodd-Frank Act, individuals whose original information assists the SEC in bringing a successful enforcement proceeding are entitled to a bounty payment as high as 30% of any financial penalty of $1 million or more imposed on...

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