Court whistleblowing ruling undercuts compliance programs

Corporate Secretary

In an article on the US Court of Appeals for the Fifth Circuit ruling that whistleblowers are not entitled to Dodd-Frank protection unless they report directly to the Securities and Exchange Commission, Littler’s Gregory Keating notes that this ruling narrows the field of potential whistleblowers and thus will increase motions to dismiss retaliation claims for internal reporting of misconduct. He adds that “given the growing split among the Courts, this issue may ultimately have to be resolved by the US Supreme Court.”

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