Sarbanes-Oxley Whistleblower 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

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

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

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

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

Sarbanes-Oxley Protects Disclosures About Inadequate Information Security Controls

SOX Whistleblower Defeats Motion to Dismiss On March 30, 2017, a Florida district court denied Tyco International Management Company’s (Tyco) motion to dismiss a Sarbanes-Oxley (SOX) retaliation claim brought by its former Manager of Financial Reporting, Carolina Thomas. According to the order, Thomas raised concerns to Tyco’s management about: (1) the falsity and inadequacy of … Continued

OSHA Orders Wells Fargo to Pay $5.4M to Whistleblower

Wells Fargo Whistleblower Prevails at OSHA In what appears to be the largest DOL damages award in a Sarbanes-Oxley whistleblower retaliation case, today OSHA issued an order requiring Wells Fargo to pay $5.4M to a bank manager who was abruptly dismissed from his position after he reported separate incidents of suspected bank, mail and wire … Continued

Whistleblower Attorney Will Address BNA Bloomberg Webinar About Trying Sarbanes-Oxley Whistleblower Retaliation Cases

Whistleblower attorney Jason Zuckerman will speak at a BNA Bloomberg webinar titled “Trying Sarbanes-Oxley Whistleblower Retaliation Cases” on Thursday, April 20, 2017 from 12:00 PM to 1:30 PM ET. This year a jury awarded Sanford Wadler, the former General Counsel of a public company, approximately $11M in damages in a Sarbanes-Oxley (SOX) whistleblower case. And SOX cases … Continued

Whistleblower Attorney Dallas Hammer to Speak at Webinar About Government Investigations & Corporate Compliance

Whistleblower attorney Dallas Hammer will speak at a Rossdale seminar titled Mastering Government Investigations & Corporate Compliance CLE on March 8, 2017. To register, click here. Mr. Hammer represents whistleblowers in whistleblower retaliation and whistleblower rewards claims, including Sarbanes-Oxley whistleblower actions. Mr. Hammer has written extensively about protections for cybersecurity whistleblowers, including the following publications: The Rise of Cybersecurity Whistleblowing, NYU Law Compliance & … Continued

Whistleblower Attorney Interviewed by National Law Journal About Labor Secretary Nominee

A National Law Journal article titled What Should the Senate #AskPuzder? Labor Lawyers Have Questions summarizes interviews with employment lawyers across the country about what senators should ask Labor Secretary nominee Puzder at his confirmation hearing. The NLJ interviewed whistleblower lawyer Jason Zuckerman, Principal of Washington DC whistleblower law firm Zuckerman Law, and he proposed asking the … Continued