SCOTUS to Address SOX Whistleblower Protections for Contractors
May 22, 2013 - Comments Off
On May 20, 2013, the United States Supreme Court granted certiorari to plaintiffs Jackie Lawson and Jonathan Zang in their whistleblower retaliation lawsuit against their former employer, Fidelity Investments. The Court agreed to consider the following issue: “whether an employee of a privately held contractor or subcontractor of a public company is protected from retaliation by [...]
Sarbanes-Oxley Whistleblower Protections Narrowly Construed by Sixth Circuit
December 27, 2012 - Comments Off
An employee who was terminated from his position as a corporate security investigator for First Tennessee Bank (“FTB”) after he raised concerns of illegal activity was unsuccessful in appealing a decision issued by the U.S. District Court for the Middle District of Tennessee to grant FTB summary judgment and dismiss his allegations that FTB had [...]
SEC Whistleblower Chief Lauds Quality of Whistleblower Reporting
September 12, 2012 - Comments Off
Whistleblowers have impressed officials at the Securities and Exchange Commission (“SEC”) and private attorneys with the quality and quantity of reports since the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) instituted a “bounty” provision, allowing whistleblowers to earn 10 to 30 percent of any monetary recovery of over $1 million that the SEC [...]
Department of Labor’s Administrative Review Board Rules Against Fannie Mae and Issues Another Pro-Whistleblower Decision Concluding that Reports of Misconduct Already Known to Employer are Still Protected from Retaliation.
July 15, 2011 - 2 Comments
Yesterday this blog reported on the Department of Labor Administrative Review Board’s broad interpretations of protected activity under the whistleblower protection provisions of the Sarbanes-Oxley Act in a case brought against FedEx Corp. On June 28, 2011, the ARB issued yet another important ruling broadening protections afforded to SOX whistleblowers in a case brought against [...]
In Funke v. Federal Express Corp., DOL Administrative Review Board interprets SOX whistleblower protection provisions broadly.
July 14, 2011 - Comments Off
On July 8, 2011 the Department of Labor Administrative Review Board (ARB) issued yet another important decision broadly construing the legal protections afforded to whistleblowers under the Sarbanes-Oxley Act (“SOX”). In Funke v. FedEx Corp., ARB Case No. 09-004 (July 8, 2011), the ARB once again expanding the scope of protected activity under SOX to [...]