Matthew Stock is an associate at Zuckerman Law, where his practice focuses on representing whistleblowers in whistleblower rewards and whistleblower retaliation cases. He is also a Certified Public Accountant, Certified Fraud Examiner and former KPMG external auditor. Mr. Stock has audited a broad range of industries, both domestically and internationally, including large public companies and financial institutions. As an auditor, Mr. Stock developed an expertise in financial statement analysis, internal controls testing and fraud recognition.
At Zuckerman Law, Mr. Stock uses his auditing experience to help IRS, CFTC and SEC whistleblowers investigate and disclose complex financial frauds to the government. In addition, Mr. Stock assists whistleblowers in Sarbanes-Oxley whistleblower retaliation cases, analyzing a wide range of accounting issues, including financial statement fraud, inadequate internal controls, and issuer disclosure violations.
Mr. Stock has been quoted by and published articles in leading business, accounting, and legal periodicals, including Forbes, Yahoo, S&P Global Market Intelligence, CNBC, Vox, Accounting Today, Law360, GoingConcern, Risk & Compliance Magazine, Bloomberg, The Compliance and Ethics Blog, The National Law Review, City A.M., Compliance Week and other printed and electronic media. Recently, Bloomberg BNA quoted Mr. Stock in an article concerning the DOJ’s appeal of an August 2016 U.S. Tax Court ruling that criminal fines and civil forfeitures are included as collected proceeds when calculating an IRS whistleblower’s award. Mr. Stock stressed the importance of case and discussed why the Tax Court’s ruling was correct. Mr. Stock was also recently quoted by Compliance Week in an article concerning external auditors violating independence rules. In the article “Audit committees need to dig into personal relationships,” Mr. Stock highlights the impact that independence violations can have on both audit firms and issuers. In addition, he notes that audit committees must judge the significance of these relationships through the lens of whether a reasonable investor would consider it important when making investment decisions.
Prior to joining whistleblower law firm Zuckerman Law, Mr. Stock worked at a tax whistleblower law firm, where he assisted whistleblowers in large-scale tax evasion cases. Based on his experience representing whistleblowers, Mr. Stock has drafted a multi-media guide about the SEC Whistleblower Program and is the lead author of Zuckerman Law’s eBook SEC Whistleblower Program: Tips from SEC Whistleblower Attorneys to Maximize an SEC Whistleblower Award.
Mr. Stock graduated magna cum laude from Florida State University College of Law. In law school, he was a member of the Florida State University Law Review and a published author. His most recent note, Dodd-Frank Whistleblower Statute: Who Qualifies as a Whistleblower, examines whether Congress intended to limit protections offered under the Dodd-Frank Act’s anti-retaliation provision to those who disclose information to the SEC. The U.S. Supreme Court will decide this issue in Digital Realty Trust v. Somers, which is considered to be one of the most important whistleblower cases to come before the Court in years. In another note, Tax Whistleblower Statute: Obtaining Meaningful Appeals Through the Appropriate Scope of Review, Mr. Stock focuses on the appropriate scope of review for the Tax Court when whistleblowers appeal an IRS award determination. He graduated cum laude from Truman State University with a Master’s in Accounting.
Mr. Stock has published several articles about whistleblower rewards and protections, including:
- Tips for Whistleblowers to Qualify for an SEC Whistleblower Award, Risk & Compliance Jan-Mar 2018 Issue (January 2018)
- One Billion Reasons Why The SEC Whistleblower-Reward Program Is Effective, Forbes (July 2017)
- Sarbanes-Oxley 15 Years Later: Accountants Need to Speak Up Now More Than Ever, GoingConcern (July 2017)
- Shkreli Trial Reveals the Challenges Faced by Compliance Whistleblowers, The Compliance & Ethics Blog (July 2017)
- Auditors’ and accountants’ guide to SEC whistleblower awards, Accounting Today (April 2017)
- Whistleblower Protections and Incentives for Auditors and Accountants, Accounting Today (May 2016)
- Draining the Swap Requires Robust Whistleblower Protections and Incentives, Emory Corporate Governance and Accountability Review (January 2017)
- Appealing an SEC Whistleblower Award Determination,
- SEC to Announce Largest SEC Whistleblower Award to Date, National Law Review (July 2017)
- Can Whistleblowers Disclose Secret Recordings to the SEC?, National Law Review (June 2017)
- SEC Whistleblower Attorney: Benefits of Experienced Representation, National Law Review (June 2017)
- How to Report EB-5 Fraud and Earn an SEC Whistleblower Award, National Law Review (May 2017)
- CFTC Strengthens Anti-Retaliation Protections for Whistleblowers and Improves CFTC Whistleblower Award Program, National Law Review (May 2017)
- SEC Cracking Down on Ponzi Schemes, National Law Review (April 2017)
- EB-5 Visa Scandal Underscores the Critical Role Whistleblowers Play in Exposing EB-5 Fraud, National Law Review (April 2017)
- SEC Scrutinizes “Fake News” Stock Promotion Schemes, National Law Review (April 2017)
- Sarbanes-Oxley Protects Disclosures About Inadequate Information Securities Controls, National Law Review (April 2017)
- SEC Whistleblower Program: Exposing Insider Trading, National Law Review (March 2017)
- 5 Tips for SEC Whistleblowers and Lessons Learned from SEC Whistleblower Awards, National Law Review (March 2017)
- SEC Awards for Disclosures of Foreign Bribery or FCPA Violations, National Law Review (March 2017)
- Whistleblower Rewards and Bounties for Disclosures of Market Manipulation Schemes, National Law Review (February 2017)
- SEC Targeting Investment Adviser Fraud, National Law Review (February 2017)
- Compliance Personnel, Auditors, Officers and Directors Can Obtain SEC Whistleblower Awards, National Law Review (February 2017)
- SEC Whistleblower Program: What is the SEC Form TCR?, National Law Review (February 2017)
- Tale of Two Whistleblowers: Lessons Learned from Today’s SEC Whistleblower Award, National Law Review (December 2016)
- Trump Administration Should Avoid Gutting SEC’s Remarkably Successful Whistleblower Reward Program, National Law Review (November 2016)
- Whistleblowers Help CFTC Obtain Record Penalties for Commodities Fraud, National Law Review (November 2016)
- Report Underscores Importance of Whistleblower Rewards and Protections for Internal Auditors, National Law Review (November 2016)
Mr. Stock is admitted to practice in Florida and Washington, DC.