Randal Nardone: Biographical Information and Acquisition

Randal Nardone is Fortress Investment Group’s Co-Founder, Director, and Principal from New York, New York. He has been part of Fortresses committee of management since 1998. On top of that he’s been chosen for the Board of Directors since November 2006. For education he attended the University of Connecticut and got a B.A. in subjects of Biology and English. He also got J.D. when he attended Boston University School of Law. Nardone had worked in the post of Blackrock Financial Management, Inc. From there in 1997 he went into UBS AG in position of a managing director.

Recently the company Randal Nardone works for “SoftBank”got acquired by a company called “SoftBank”. This was for a deal of $3.3-billion. It got approved by Fortress shareholders in July 2017. This became authorized on December 27th 2017. Each company has been consistent in seeking new places to extend out into. Both have displayed interest in having themselves rebranded in the years as well. Fortress Investment Group will keep on functioning as a company that’s independent. It will also go on put there money into the things they specialize into. They are hedge funds, railroads, private equity, real estate, and credit funds.

Randal Nardone had thoughts on that event. He had optimism on the deal and how it would make the company stronger. He believed the company would have the ability in the future to speed up. It would also have the ability to gain entrance to larger sources of credit. The company of Nardone’s is now thought to contain approximately $69.5 billion in assets under management. Half of it is in fixed incomes and the remainder is in credit hedge funds, permanent capital vehicles, private equity, and credit private equity.

Randal Nardone was not alone in the establishment of “Fortress Investment Group”. He established this with two other co-chair’s. Their names are Wes Edens and Pete Briger. Fortress will assist Fortress in accomplishing it’s goals and on top of that will be a big boom. This is to both the future and the current private equity firm.

Saving The Country One Whistleblower At A Time

Jordan A. Thomas used to work in capacity as an Assistant Director. He was also Assistant Chief Litigation Counsel. Both of these offices were held down by Thomas in the SEC, specifically the Division of Enforcement. While in this position, Thomas drafted legislation that would eventually become known as the Dodd-Frank Wall Street Reform and Consumer Protection Act.

This act has been labeled by many as one of the most expansive in the history of the United States; at least since the Great Depression. And it should be, the Great Recession of 2008 is starting to impact the entire country now, just like waves spread incrementally from the center of an impact and thence proceed to higher values of fluctuation before settling again. Jordan A. Thomas wants to see things settle again, so proceeding the 2008 crisis, he wrote the legislation that was enacted in 2010, and immediately began to lead a legal practice called Labaton Sucharow.

Labaton Sucharow specializes in Whistleblower Representation, and was the first to do so after the Dodd-Frank Reform came into effect. Through Dodd-Frank, whistleblowers do not have to fear the loss of their job. The legislation protects their employment status, and ensures that they’ll be able to continue functioning within their corporate enterprise without facing recriminations. Additionally, Dodd-Frank provides incentives. Specifically, between ten and thirty percent of recovered monetary sanctions will be given to whistleblowers. There are more available incentives available, provided additional sanctions are recovered. The ten to thirty percent spread indicates some room for negotiation as well, demonstrating just how well Jordan A. Thomas understands the situation.

Finally, for those who must retain their anonymity, such a thing is possible through Labaton Sucharow. When you contact them for an initial consultation, you need not provide your name–though this is strongly advised. Such consultations are cost-free, as an initial consultation should be. Anonymity can continue throughout the case, though it is possible whistleblowers will become known to the attorneys.

Sometimes remaining anonymous in the dispensation of information to government agencies is the only way to remain on good terms with any of the employees that such individuals work with on a daily basis. It’s very difficult to continue working at the same wages when everybody in the office becomes hateful against the person who reported unethical practices. This can happen. Legal representation is the only way to ensure any level of anonymity.

Learn more about SEC Whistleblower lawyers