A Victory For SOX Whistleblowers In Recent DOL Decision
Law360, New York (April 27, 2016, 10:45 AM EDT) -- Debra Katz
In a recent decision that arguably made new whistleblower law on three different fronts, the U.S. Department of Labor's administrative review board (ARB) upheld the findings of an administrative law judge who ruled in favor of Timothy Dietz, a Sarbanes-Oxley Act whistleblower who alleged that he had been retaliated against for opposing his company’s fraudulent implementation of an illegal bonus plan.
There are three main takeaways from the ARB’s decision in Dietz v. Cypress Semiconductor Corp., ARB No. 15-017, ALJ No. 2014-SOX-2 (ARB March 30, 2016): (1) complaints of fraud at covered employers are likely to constitute protected...
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