Seventh Circuit Allows Whistleblower Suit to be Brought Under RICO
December 22, 2011 - Comments Off
The Seventh Circuit last week delivered a landmark ruling in favor of whistleblower rights in the case of DeGuelle v. Camilli, et al. Michael DeGuelle, a former tax employee of S.C. Johnson & Son, Inc. (“SCJ”) from January 1997 until April 2009, alleged that he was terminated in response to reporting a tax fraud scheme [...]
ARB Suggests Broad Interpretation of SOX Covered Employer
December 21, 2011 - Comments Off
The Administrative Review Board (“ARB”) overturned a decision by an administrative law judge (“ALJ”) granting a motion for summary judgment for the employer in the case of Charles v. Profit Investment Management, et al. In granting the motion for summary judgment, the ALJ concluded that Lisa Charles had failed to file a timely response to [...]
ARB Applies Pro-Whistleblower Interpretation in SOX Case
December 13, 2011 - Comments Off
The Administrative Review Board (“ARB” or “Board”) of the Department of Labor (“DOL”) issued an important ruling for employees last month in the case of Prioleau v. Sikorsky Aircraft Corp. In Prioleau, the ARB reversed the decision by an Administrative Law Judge (“ALJ”) to grant summary judgment to the employer, Sikorsky, and dismiss the case [...]
60 Minutes Airs Segment on SOX and Subprime Mortgage Whistleblowers
December 8, 2011 - Comments Off
More than three years after the financial crisis of 2008, there still has yet to be a single prosecution of a high-ranking Wall Street executive or a major financial firm. As 60 Minutes reported last week, this is true despite the prominent role that fraud and financial misrepresentations played in the subprime mortgage meltdown. 60 [...]