Whistleblower Doesn’t Have To Report To SEC For Dodd-Frank Protection

In Yang v. Navigators Group, Inc. (S.D.N.Y. 2014), the court held the Dodd-Frank anti-retaliation statute does not clearly and unambiguously limit whistleblower protection to individuals who report violations to the SEC where the anti-retaliation provision simultaneously incorporates SOX protected reporting to supervisors. Courts continue to be split on the issue and the case offers a good analysis of existing law.  See our prior blogs on Murray and Asadi.

The court also noted that an employee is not required to communicate to the employer which laws the employer’s conduct allegedly violated.

 

Topics:  Anti-Retaliation Provisions, Dodd-Frank, Sarbanes-Oxley, Whistleblower Protection Policies, Whistleblowers

Published In: Civil Rights Updates, Labor & Employment Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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