Judge Backs Broad Whistleblower Definition Under Dodd-Frank

Law360, New York (September 26, 2012, 10:40 PM EDT) -- A federal judge rejected Trans-Lux Corp.'s narrow interpretation of who qualifies as a whistleblower in a Tuesday ruling that a former Trans-Lux worker's attorney said appeared to mark the first time a Dodd-Frank Act retaliation claim had survived a motion to dismiss in federal court.

U.S. District Judge Stefan Underhill refused to throw out a Dodd-Frank claim from former Trans-Lux employee Richard Kramer, who was fired after telling the company's board of directors and the U.S. Securities and Exchange Commission that his supervisors were violating the company's pension plan.

Trans-Lux argued that Kramer, a former vice president of human resources and...

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