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Jordan Thomas Jordan Thomas. Courtesy photo

In March 2018, the Securities and Exchange Commission reached new heights in its program for rewarding whistleblowers who expose corporate wrongdoing, paying out what at the time was a record-setting bounty of $83 million to three whistleblowers who helped the agency bring an enforcement action years earlier against Bank of America’s Merrill Lynch brokerage unit.

Behind the award was a fourth figure: Jordan Thomas, a partner at the law firm Labaton Sucharow and former SEC official, who had represented the three whistleblowers and stood to bring in a multimillion-dollar payday.

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