DOL Ruling Exposes Contractors To SOX Whistleblower Claims

Law360, New York (June 14, 2012, 8:15 PM EDT) -- The U.S. Department of Labor recently ruled that the Sarbanes-Oxley Act's whistleblower protections extend to employees of contractors for publicly traded companies, setting the stage for a potential surge in claims against contractors and highlighting a growing rift between the agency and federal courts on SOX's reach, attorneys say.

The DOL Administrative Review Board's May 31 ruling in Spinner v. David Landau & Associates rejected the First Circuit's Feb. 3 holding in Lawson v. FMR LLC, illustrating a tension between the agency and courts when it...
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