"The Sarbanes-Oxley Act of 2002 included a provision protecting whistleblowers at publicly traded companies from retaliation. Dodd-Frank spelled out that the provision also protects employees of wholly owned subsidiaries of public companies. The question remained, however, whether that protection applies retroactively,” writes law.com.
On Monday, U.S. District Judge J. Paul Oetken in Manhattan ruled that it did.
The piece discusses two other recent cases related to the Dodd-Frank whistleblower provision: one in which a judge ruled the provision did not extended outside the U.S., and the other in which a judge ruled it did not extended to companies not registered with the SEC.
For the full piece see "Judges Weigh Scope of Dodd-Frank Whistleblower Rules" (may require subscription).