Whistleblowers and internal fraud investigators were routinely ignored, isolated, chastised and terminated by lending institutions large and small en route to the collapse of the subprime mortgage market, iWatch News (“IWN”) reports in a detailed article published last week. IWN, the online reporting arm of The Center for Public Integrity, writes that it has identified [...]

The Federal District Court for the Eastern District of Pennsylvania rejected a motion for reconsideration on Tuesday of its earlier decision to dismiss the case of an alleged whistleblower at Tyco Electronics Corp.  Jeffrey Wiest alleged that he was placed on leave and then terminated from his position in Tyco’s accounts payable department as a [...]

Katz, Marshall & Banks Partner David J. Marshall spoke with Human Resource Executive Online (“HREO”) about the Occupational Safety and Health Administration’s (“OSHA”) publishing proposed rules for the handling of whistleblower investigations under the Sarbanes-Oxley Act (“SOX”), revising its Whistleblower Investigations Manual for the first time since 2003, and a recent survey conducted by Littler Mendelson regarding employer whistleblower preparedness. Marshall told HREO that [...]

The U.S. Supreme Court on October 31 declined to review a case involving a whistleblower retaliation complaint brought by two former employees of Boeing, Inc.  The 9th Circuit Court of Appeals May ruling restricted the definition of protected activity under the Sarbanes-Oxley Act to exclude leaks to the media. The case, Tides v. Boeing, involves two members [...]