Whistleblower Protections Restored: Sylvester V. Parexel

Law360, New York (June 10, 2011, 12:29 PM EDT) -- Enacted in 2002 in the wake of the Enron, MCI and other major corporate scandals, the Sarbanes-Oxley Act, Pub. L. 107–204, was landmark legislation that established new standards of accountability and oversight for publicly traded companies and promised powerful protections for whistleblowers who reported corporate fraud and malfeasance. Over the course of nearly a decade, however, the whistleblower protections of SOX Section 806, 18 U.S.C. § 1514A, have been eroded through hundreds of dismissals of complaints by the Occupational Safety and Health Administration and adverse decisions by administrative law judges, administrative review boards and the federal courts.  ...

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