Labaton Sucharow LLC’s Client Receives Award From The SEC Whistlebower Program

In 2010, the Congress enacted the Consumer Protection Act and Dodd-Frank Wall Street Reform. The Dodd-Frank Wall Street Reform established protection to whistleblowers that came forward and reported possible violations of federal securities laws to the Securities and Exchange Commission (SEC).

Labaton Sucharow LLP announced that the SEC had awarded more than $17 million to a whistleblower that was represented by the firm. The whistleblower exposed significant wrong doings in the financial industry. The sum represented the second largest SEC Whistleblower Award granted to Labaton Sucharow. Jordan Thomas was the lead SEC whistleblower lawyer.

The SEC Whistleblower Program is entering its 6th year. The program allows the whistleblowers that are eligible to receive 10 to 30 percent of the total monetary compensation collected in a successful trial. In the latest award, the whistleblower provided high-quality information that resulted in a guilty verdict of a major player in the financial market. The whistleblower chose to conceal his/her identity. It is a common trend for many whistleblowers as they seek to remain anonymous for personal reasons such as avoiding retaliation and blacklisting. The SEC has a policy of not disclosing the particular cases that whistleblowers player a role in preventing revealing the identity of the whistleblower indirectly.

After the case, Jordan Thomas said that his clients decided to step forward because others in the financial industry had decided to remain silent as the vice prevailed. The silence of others workers allowed other investors to be harmed in the process. Jordan Thomas is also the Chairperson of Labaton Sucharow Whistleblower Representation Practice and a former Assistant Director and Assistant Chief Litigation Counsel in the Division of Enforcement at the SEC. He continued by saying that in the future, the success of many whistleblower cases would be as a result of whistleblowers’ courageousness and willingness to step forward.

Jordan Thomas has a successful record in such cases. He was the one who represented the first officer of a public company to receive the prestigious award. He was also involved in the first case in which the SEC successfully charged an employer for retaliating against a whistleblower. The SEC Whistleblower Program gives unique protections and incentive to the whistleblower. The eligible whistleblowers who report possible federal securities violations are given the opportunity to earn monetary rewards and employment protection. To promote the program and ensure its continuity, Congress established a replenishing Investor Protection Fund.

What I Learned About Dick DeVos and His Foundation Activity

Dick DeVos is a successful business, but I also discovered in researching him that he is quite charitable. DeVos is known for starting and assisting numerous charitable foundations and projects in which there are several grantees including:

  • The Dick and Betsy DeVos Foundation
  • Kids Hope USA
  • Helen DeVos Children’s Hospital
  • West Michigan Aviation Academy
  • Regional Air Alliance of West Michigan
  • Mars Hill Bible Church
  • Potter’s House
  • Grand Rapids Christian Schools
  • Thunderbird School of Global Management
  • Willow Creek Association
  • Art Prize Grand Rapids
  • Education Freedom Fund
  • Hugh Michael Beehan Foundation

 

There are still many more. I also learned in my reading and research that DeVos has been listed as the 67th richest person in the world. Although he is listed as 67, it’s a big deal. The support shown to the community, schools, and the arts are all important projects for Dick DeVos. While considered wealthy, it seems that DeVos has not taken any of it for granted.

 

I’ve always been of the mind that it’s appropriate to share the wealth and that there is always an opportunity to do more and be more. When he gave more than $22 million to the Kennedy Arts Center in 2010, it was an eye opener for the center that there are still plenty of individuals that are willing to make financial contributions as a result of their success in business.

 

Free market economics is also a big deal for DeVos, in that he teaches it, believes in it, and he also financially supports others that are teaching this concept as well. I’ve read about multiple scholarships and other programs that the DeVos family has championed in their home state of Michigan. This is great news for those who plan to enter into business school and are seeking real life examples of how the wealthy should live and be an example to others.

 

You don’t have to look very far to see that Dick DeVos is wealthy both in his personal life, business life and in his spiritual life.

 

Convenience And Speed Head The List Of Women’s Beauty Wishes

The lives of women around the world are changing as lifestyle changes, such as the rise of the Internet have developed and allowed women to have more control over their lives and future direction. Looking for faster and more convenient aspects of life has extended to the beauty industry, which is trying to keep up with the needs of women who no longer have time for major beauty treatments and time consuming periods spent in a salon; this has been shown in the rise of a number of fast service options, including salons offering express and lunch time beauty treatments.
Another area that has been shown to be of concern for the women in the 21st century is getting the most from their hair care products without struggling to find products to suit their individual hair care needs. The WEN hair By Chaz line has checked into the need for high quality and speedy services with a range of hair care products that provide multiple benefits from a single bottle.

Chaz Dean is a well known face on major TV shows where he explains his own range of products and gives tips for getting the best looking hair possible. Wen By Chaz offers a five in one cleanser and related styling products that mean a single wash provides the benefits of shampoo, conditioner, detangler, and leave in conditioner to reduce time spent washing and styling hair. He sells his products online on eBay an other retail stores.

Women are now seeking to create a high quality and convenient beauty regime that includes environmentally friendly products. Not only are the range of products being sought by women changing, but so is the marketing bringing attention to new and existing products that is moving out of the traditional fashion magazines of the 20th century. Be updated! Follow WEN hair on Twitter.

Product Link: http://www.qvc.com/beauty/wen/_/N-rhtyZ1z141dz/c.html

 

Labaton Sucharow Continues To Find Success With Its SEC Whistleblower Program

Labaton Sucharow’s SEC Whistleblower attorney program has achieved its latest success with the award of the second largest monetary reward in the history of the program. SEC whistleblower lawyer Jordan A. Thomas revealed the unidentified individual received a settlement of $17 million, which comes from the 10 to 30 percent of fines collected based on information provided by an SEC whistleblower; this is the latest success for the Labataon Sucharow team who have been assembled by Thomas to provide the best possible representation for those putting their own reputation on the line by providing information of financial irregularities.

Labaton Sucharow has been at the forefront of the SEC whistleblower program since it was established six years ago and continues to grow the team dedicated to helping whistleblowers secure the best package in return for their information. Among the cases Jordan A. Thomas has worked on in the past are the first example of an officer of any financial company providing information for the whistleblower program against their own business; the need to maintain anonymity for whistleblowers was backed up for Jordan A. Thomas when he worked on the case of a company retaliating against an employee providing information for the SEC.

The SEC whistleblower program at Labaton Sucharow is the first of its kind in the U.S. as members are dedicated to providing the best possible service for whistleblowers who need a range of services to secure their future. Jordan A. Thomas was a key author of the legal document that established the SEC whistleblower program, the Dodd-Frank Act, which was written in response to the 2008 economic slowdown many financial experts believe was created because of financial mismanagement on Wall Street. Jordan A. Thomas now works with a team at Labaton Sucharow who guide a whistleblower through every aspect of the process and make sure their anonymity is protected to avoid blacklisting by members of the financial industry.

The $17 million award comes after the SEC took the whistleblowers word and levied fines against the financial company named as operating outside of legally created regulations. Whistleblowers can be awarded between 10 and 30 percent of levied fines collected against a financial company, but the SEC does not reveal individual details of fines in a bid to maintain the anonymity of the individual whistleblowers involved.

A New Lovaganza Announcement Is Definitely Something To Talk About

Never in recorded history has there been a worldwide event that took place simultaneously in eight strategic locations across the globe. Never before has there been such a worldwide event that lasted four straight months on Celebmafia.com. That’s a third of a year! Yet Lovaganza promises to do just this thing in 2020. According to PRNewswire.com, Lovaganza pushed back their release date from 2015 because new technology became available which would better allow them to provide exceptional entertainment. Where before, 3D involved cumbersome glasses sure to give the wearer a headache, with Lovaganza’s new IMMERSCOPE technology, the same kind of three dimensional experience can be had without the need for any glasses.

IMMERSCOPE is actually much better than modern three dimensional solutions. It features a one hundred and eighty degree screen that gives three dimensional films a realistic look which can’t be denied. Imagine having the intimacy of a stage play coupled with the explosions, effects, and Hollywood wizardry modern cinema is known for. Well, that mental picture is something like what Lovaganza has put together.

IMMERSCOPE will be touring the world via convoy from 2017 to 2020. Each year the Lovaganza convoy will feature a new film. There’s a trilogy in principal photography right now, but it’s only one third of a nine film saga that will have subsequent releases should Lovaganza’s groundbreaking concept get off the ground.

The Lovaganza films will feature the core principles which underly the Lovaganza experience. Those principles mainly involve a kind of Bohemian celebration of love, life, dance, and music from diverse cultures across the world. Lovaganza seeks to cater to all the world’s peoples. The main idea is this sort of Bohemian caravan used as a motif by which the world is inspired into unity.

Lovaganza will be more than just exceptionally eye-popping three dimensional cinema, however. Expect a kind of World’s Fair atmosphere modernized to the twenty-first century. There will be live performances as well as live expositions. Exhibits will be visual and interactive, and centering the whole cavalcade of wonders will be IMMERSCOPE.

Given the high ambitions of Lovaganza, it seems as though there must be budgetary support from backers across the planet. Such backing is so substantial that it’s likely this event will be one of the most historically profound of the new millennium. Whatever happens, Lovaganza is a conversation piece that could end up influencing the world.

Key Contributions of Stephen Murray towards the Growth of CCMP Capital

Stephen P. Murray, a private equity investor, was born on August 2, 1962, and passed away at the age of 52 years on March 12, 2015. He grew up in Westchester County in New York. Murray was the former president and the CEO of a private equity firm CCMP Capital Advisors where he had been working since 1989. He pursued a degree in economics from Boston College and graduated in 1984, and four years later, he cleared his master’s degree from Columbia Business School.

Murray was a father of four sons, a husband to Tami A. Murray and they all resided in Stamford, Connecticut. The same year he graduated, Murray joined Manufacturers Hanover Corporation where he participated in a training program as a credit analyst and later rose to the vice president of the middle market lending position.

In 1989, he joined the CCMP predecessor firms at the time known as MH Equity Corporation, which later combined with Manufacturers Hanover Corporation. In 1991, Chemical Bank purchased Manufacturers Hannover, which then joined Chase Manhattan Corporation in 1996 forming Chase Capital Partners. J.P. Morgan acquired The Chase Capital Partners and changed its name to JPMorgan Partners. LLearn more about Stephen Murray CCMP Capital: http://xrepublic.net/2014/09/11/stephen-murray-the-great-investor-and-deal-maker-for-ccmp-capital/

CCMP spun out of JPMorgan Chase &Co in 2006 to avoid conflicts that might emerge with their bank clients, and it became a private entity. In 2007, he became the company’s CEO succeeding Jeff Walker who was the group founder and since then he worked towards building the private equity business. CCMP invests around $100-P0 million of equity in every transaction that they make with concentrations on the healthcare, industrial energy, and consumer industries.

Stephen Murray had served in seven other companies including Pinnacle Foods, Legacy Hospital Partners, Warner Chilcott, AMC Entertainment, Cabela’s, The Vitamin Shoppe, and Generac Power System. He was also a philanthropist and the vice chair of the Boston College Board of Trustee. Murray supported the Make A Wish Foundation, Stamford Museum, and Columbia Business School. Additionally, he succeeded in raising a multi-billion fund with the last one gathering around $3.6 billion.

He had resigned from his job one month before passing away sighting health reasons and relinquished his powers to Mr. Greg Brenneman who deputized him during his time as a CEO. Stephen Murray was known as an investor, dealmaker and a partner in business with the utmost dedication to the private equity. Stephen Murray was kind and had a great personality; his legacy still at CCMP and all other companies where he worked.

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Stephen P. Murray – President @ CCMP Capital Advisors