On March 4, 2014, the United States Supreme Court held in Lawson v. FMR LLC, 571 U.S. __ , Case No. 12-3 (Mar. 4, 2014), that §806 of the Sarbanes-Oxley Act of 2002 (“SOX”) provides a cause of action for employees of private contractors and subcontractors that are retaliated against for whistleblowing activities. The plaintiffs in the case were former employees of private companies that provided investment advisory services to the Fidelity family of mutual funds. The plaintiffs alleged that they had blown the whistle on fraud at the mutual funds and had been terminated by their employers as a result. The mutual funds themselves, while “public” companies for purposes of the statute, have no employees. The Court reversed the First Circuit Court of Appeals’ determination that the plaintiffs were not protected by the statute because they were not employees of the public company funds. The majority opinion, written by Justice Ginsburg, and the dissenting opinion, written by Justice Sotomayor, reflect deep disagreements regarding statutory interpretation, as well as what Congress intended when it enacted §806. The dissent said the expanded scope of the statute leads to “absurd results,” pointing out that the Court’s decision would allow a SOX claim made by a babysitter against his employer, who happened to work at Walmart (a public company), if the parent had fired the babysitter after he expressed concern that the parent’s teenage son had participated in an Internet purchase fraud. While the Court refused to indulge such “fanciful visions of whistleblowing babysitters,” it declined to determine the potential reach of the statute.