ABA Publishes Annual Sarbanes-Oxley Whistleblower Review
February 10, 2012 - Comments Off
The American Bar Association’s labor and employment section has just published its yearly review of developments in Sarbanes-Oxley (“SOX”) whistleblower law. SOX Section 806 protects employees of publicly traded companies from retaliation for reporting fraud on shareholders and certain other types of corporate fraud. The ABA committee’s annual report, which is authored by a panel [...]
First Circuit Court of Appeals Limits SOX Protections for Contractors
February 7, 2012 - 1 Comment
In a recent case of first impression, the United States Court of Appeals for the First Circuit held in a split decision that employees of a contractor or subcontractor to a public company are not entitled to protection under the Sarbanes-Oxley Act of 2002 (“SOX”). Lawson v. FMR, LLC, ___F.3d ____, 2012 WL 335647 (1st [...]