Law360, New York (September 26, 2012, 10:40 PM ET) -- A federal judge rejected Trans-Lux Corp.'s narrow interpretation of who qualifies as a whistleblower in a Tuesday ruling that a former Trans-Lux worker's attorney said appeared to mark the first time a Dodd-Frank Act retaliation claim had survived a motion to dismiss in federal court.
U.S. District Judge Stefan Underhill refused to throw out a Dodd-Frank claim from former Trans-Lux employee Richard Kramer, who was fired after telling the company's board of directors and the U.S. Securities and Exchange Commission that his supervisors were violating the...