Justices To Resolve Split Over Dodd-Frank Whistleblowers

By Carmen Germaine (June 26, 2017, 9:55 AM EDT) -- The U.S. Supreme Court on Monday agreed to review whether the Dodd-Frank Act prohibits retaliation against internal whistleblowers who haven't reported concerns about securities law violations to the U.S. Securities and Exchange Commission, agreeing to consider an issue that has divided appellate courts.

The justices granted Digital Realty Trust Inc.'s petition to review the Ninth Circuit's decision that former Digital Realty executive Paul Somers can sue over the company's alleged retaliation against him. Digital Realty had argued that the Ninth Circuit was wrong to find internal whistleblowers are protected by the Dodd-Frank Act's anti-retaliation provision even if they haven't reported to...

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