4th Circ. SOX Ruling A Rare Employer Win On Causation
Law360, New York (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...
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