USA: Whistleblower protection extended

An important decision by the US Court of Appeals has found that anti-retaliation provisions currently provided by the Dodd-Frank Act for potential irregularities reported to the Securities Exchange Commission also apply to employees reporting concerns to their own employer. This means that the less protective principles of the Sarbanes-Oxley Act will no longer be applicable in the majority of cases. It is now probable that this decision will be referred to the US Supreme Court. [14-4626, Berman v. Neo@Ogilvy LLC]

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