Sarbanes-Oxley whistleblower protection Archives

American Banker Quotes Whistleblower Attorney Jason Zuckerman About Wells Fargo Whistleblower Cases

In an article titled Unprotected: How the feds failed two Wells Fargo whistleblowers, American Banker quotes leading whistleblower lawyer Jason Zuckerman about the challenges that some Wells Fargo whistleblowers have encountered pursuing retaliation claims. The article discusses SOX whistleblower claims brought by two former Wells Fargo retailer bankers alleging that they suffered retaliation for disclosing … Continued

Corporate Whistleblower Lawyer Quoted in National Law Journal Article About Wells Fargo SOX Whistleblower Cases

A National Law Journal article titled “Wells Fargo’s Whistleblower Problem Could Grow Substantially” quotes leading whistleblower lawyer Jason Zuckerman about Sarbanes-Oxley whistleblower retaliation cases brought against Wells Fargo. The article reports that Wells Fargo disclosed in a 10-Q filing that there are “multiple single plaintiff Sarbanes-Oxley Act complaints and state law whistleblower actions filed with the Department of … Continued

Corporate Counsel Article Highlights Increase in Whistleblower Claims

An article in Corporate Counsel titled “Ride the Whistleblower Wave” discusses the increase in whistleblower litigation and quotes whistleblower attorney Jason Zuckerman about recent developments under whistleblower rewards and whistleblower retaliation laws. The articles quotes Zuckerman’s prediction that the recent record-setting verdict in the Wadler Sarbanes-Oxley whistleblower case earlier this year will spur additional SOX whistleblower litigation by … Continued

Sarbanes-Oxley Whistleblower Protection at 15 Years: Promise Unfulfilled

Origin of Sarbanes-Oxley Whistleblower Provision Fifteen years ago, the U.S. economy suffered massive job losses and fell into a recession due to corporate accounting fraud. When Congress investigated the collapse of Enron and WorldCom, it found that courageous whistleblowers, most notably, Sherron Watkins and Cynthia Cooper, tried to warn management of the fraud. Senior leadership … Continued

Whistleblower Law Firm Publishes Sarbanes-Oxley Whistleblower Guide on 15th Anniversary of Sarbanes-Oxley Act

On the fifteenth anniversary of the Sarbanes-Oxley Act (SOX), leading whistleblower law firm Zuckerman Law is releasing a free guide to the SOX whistleblower protection law: “Sarbanes-Oxley Whistleblower Protection: Robust Protection for Corporate Whistleblowers.” The guide summarizes SOX whistleblower protections and offers concrete tips for corporate whistleblowers based on lessons learned during years of … Continued

Wells Fargo Whistleblower Prevails in OSHA Investigation of Retaliation Claims

The U.S. Department of Labor (DOL) has ordered Wells Fargo to reinstate and pay approximately $577,500 damages to a former branch manager in Pomona who was terminated for complaining about salespersons creating unauthorized accounts to meet unrealistic sales targets. This is the second Occupational Safety and Health Administration (OSHA) order in 2017 ruling for … Continued

Shkreli Trial Reveals the Challenges Faced by Compliance Whistleblowers

In September 2015, Martin Shkreli became infamous after his company purchased the rights to an AIDS drug (Daraprim) and increased its price from $13.50 per pill to $750 per pill. This price gouging quickly earned Shkreli the title as “the most hated man in America.” Only a few months later, however, Shkreli got a … Continued

SEC Whistleblower Attorney Speaks At Seminar About Developments in Whistleblower Law

On June 28, 2017, Jason Zuckerman of Zuckerman Law spoke on a panel at the Practicing Law Institute’s Corporate Whistleblowing seminar alongside Renee Phillips, Co-Chair of Orrick’s Whistleblower Task Force, Jane Norberg, the head of the SEC’s Whistleblower Office, Christopher Ehrman, the head of the CFTC’s Whistleblower Office, and Teri Wigger, the assistant regional … Continued

Whistleblower Lawyer Interviewed About Dodd-Frank Whistleblower Protection Provision

An article in Law360 entitled “Employers May Regret Forcing Dodd-Frank Whistleblower Test” quotes SEC whistleblower lawyer Jason Zuckerman about the Supreme Court’s decision to review the Ninth Circuit’s opinion in Somers v. Digital Realty Trust holding that the anti-retaliation provision in the Dodd-Frank Act protects internal whistleblowing. The article analyzes the potential impact of limiting … Continued

Can Whistleblowers Disclose Secret Recordings to the SEC?

Many companies ban employees from making audio or video recordings in the workplace. Companies argue that these policies promote employee communication without the fear of being recorded. However, are these policies lawful? Can corporate whistleblowers provide recordings evidencing fraud to the SEC notwithstanding these policies? Taping and Disclosing Information to the SEC Can be Protected … Continued

Sarbanes-Oxley Whistleblower Decision Clarifies Broad Scope of Protected Whistleblowing

A recent decision from the U.S. District Court for the Southern District of New York clarifies the broad scope of protected whistleblowing under the Sarbanes-Oxley Act (“SOX”). In Murray v. UBS Securities, LLC, the court held that: To be protected under SOX, an employee-whistleblower need only prove that he or she “reasonably believed” that his … Continued

Whistleblower Lawyer Hammer Quoted by Bloomberg About Rebound in Sarbanes Oxley Whistleblower Retaliation Claims

Whistleblower lawyer Dallas Hammer is quoted extensively in a Bloomberg BNA article titled Dodd-Frank Overhaul Could Spark Rebound in SOX Whistle-Blower Cases. Hammer provided Bloomberg with his insights about the likely impact of the Financial Choice Act on the Dodd-Frank SEC Whistleblower Program and the whistleblower protection provision of the Sarbanes-Oxley Act. Hammer made a few … Continued