Following our annual tradition — which started over a decade ago — we are analyzing the year's 10 most significant whistleblower and retaliation events.
As you'll see, in 2024, actions taken by a range of courts and...more
12/20/2024
/ Anti-Money Laundering ,
Appointments Clause ,
Arbitration Agreements ,
Article III ,
Asbestos ,
Attorney-Client Privilege ,
Bribery ,
CFTC ,
Civil Monetary Penalty ,
Commodity Exchange Act (CEA) ,
Confidentiality Agreements ,
Contract Terms ,
Corporate Counsel ,
Corruption ,
Credit Reporting Agencies ,
Department of Justice (DOJ) ,
False Claims Act (FCA) ,
Federal Pilot Programs ,
Financial Institutions ,
Healthcare ,
Incentives ,
Injunctive Relief ,
Kickbacks ,
MI Supreme Court ,
OSHA ,
Qui Tam ,
Retaliation ,
Sarbanes-Oxley ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Settlement ,
Statutory Requirements ,
Summary Judgment ,
Whistleblower Awards ,
Whistleblowers
On November 17, 2021, the U.S. District Court for the Southern District of New York held that a company and its CEO violated Rule 21F-17 of the Exchange Act by entering into confidentiality agreements with investors that...more
12/17/2021
/ Confidentiality Agreements ,
Enforcement Actions ,
Investment ,
Investment Fraud ,
Investors ,
Regulatory Standards ,
Rule 21F-17 ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Securities Violations ,
Whistleblower Protection Policies ,
Whistleblowers
On June 23, 2021, the SEC announced that Guggenheim Securities, LLC (“Company”) agreed to settle charges that it violated Rule 21F-17 by including language in its compliance manual and training materials that allegedly...more
On March 22, 2021, the Seventh Circuit affirmed a decision by the ARB dismissing a whistleblower retaliation complaint under SOX for failure to file within the 180-day statutory deadline. Xanthopoulos v. U.S. Department of...more
On January 13, 2021, a New York whistleblower attorney filed a lawsuit in the U.S. District Court for the District of Columbia challenging a recent final rule adopted by the Securities and Exchange Commission (the “Commission...more
The Commodity Futures Trading Commission (“CFTC”) recently released its 2020 Annual Report on the status of its whistleblower program for the fiscal year ending on September 30, 2020....more
On September 23, 2020, by a vote of 3 to 2, the U.S. Securities and Exchange Commission announced the adoption of a final rule implementing several changes to its whistleblower program, citing the need to “provide greater...more
10/8/2020
/ Amended Rules ,
Anti-Retaliation Provisions ,
Digital Realty Trust Inc v Somers ,
Dodd-Frank ,
Enforcement Actions ,
Final Rules ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Whistleblower Awards ,
Whistleblower Protection Policies ,
Whistleblowers
On July 16, 2020, the Third Circuit affirmed the dismissal of a former IT analyst’s whistleblower retaliation claim, holding that he lacked an objectively reasonable belief that his complaints implicated one of the enumerated...more
8/18/2020
/ Anti-Retaliation Provisions ,
Cybersecurity ,
Dodd-Frank ,
Internal Controls ,
Internal Investigations ,
Internal Reporting ,
Popular ,
Retaliation ,
Sarbanes-Oxley ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Securities Violations ,
Whistleblower Protection Policies ,
Whistleblowers ,
Wire Fraud
On June 29, 2020, the Administrative Review Board (“ARB”) upheld the dismissal of a whistleblower retaliation complaint under Section 806 of the Sarbanes-Oxley Act (“SOX”) for failure to file within the 180-day statutory...more
8/5/2020
/ Administrative Law Judge (ALJ) ,
Administrative Review Board ,
Dodd-Frank ,
Enforcement Actions ,
Equitable Tolling ,
Retaliation ,
Sarbanes-Oxley ,
Securities and Exchange Commission (SEC) ,
Statute of Limitations ,
Whistleblower Protection Policies ,
Whistleblowers
On February 28, 2020, the U.S. District Court for the Southern District of New York dismissed a former chief marketing officer’s claim of whistleblower retaliation under the Dodd Frank Act. Cellucci v. O’Leary No. 19-cv-02752...more