4th Circ. SOX Ruling A Rare Employer Win On Causation
By Scott Flaherty (May 15, 2014, 6:01 PM EDT) -- A Fourth Circuit decision that a surveillance equipment company's former president hadn't shown strong enough ties between his firing and actions protected by Sarbanes-Oxley presents a rare instance of a SOX whistleblower not meeting the relatively light burden under the law's causation standard, attorneys say.
A three-judge panel found Monday that former president of Law Enforcement Associates Corp. Paul Feldman had not done enough to show he was fired in violation of the Sarbanes-Oxley Act after reporting to government regulators possible illegal conduct, including LEA's potential connection to export violations on the part of another company that had ties to LEA's...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!