Setting up antiretaliation protections for the people who call out companies on alleged illegal practices was a major objective of the Sarbanes-Oxley Act and the modifications to SOX included in the Dodd-Frank Wall Street Reform and Consumer Protection Act. According to attorneys from Ogletree, Deakins, Nash, Smoak & Stewart, these two laws, plus a recent U.S. Supreme Court decision and a heightened enforcement environment, all add up to the need for companies to show extra care for whistleblowers and their complaints.
A recent webinar from Ogletree Deakins, “The Need-to-Know on Expanded Sarbanes-Oxley Coverage,” laid out the legal landscape for whistleblowers, and provided some advice on how to build a thoughtful and effective compliance regime to deal with the issues they raise.
