Employers May Regret Forcing Dodd-Frank Whistleblower Test
By Carmen Germaine (June 27, 2017, 10:43 PM EDT) -- While the U.S. Supreme Court may take a narrow view of the Dodd-Frank Act's protections for whistleblowers by limiting them to those who report violations to the SEC, experts say such a decision could be a "Pyrrhic victory" for employers, as employees who would otherwise report violations internally may be forced into the agency's arms.
The high court on Monday accepted Digital Realty Trust Inc.'s petition to review a Ninth Circuit decision finding former Vice President of Portfolio Management Paul Somers can sue over alleged retaliation against him, agreeing to resolve a circuit split over whether the Dodd-Frank Act's whistleblower anti-retaliation protections extend...
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