Sarbanes-Oxley Act

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U.S. Supreme Court Holds SOX Whistleblowers Not Required to Show Retaliatory Intent (US)

On February 8, 2024, the U.S. Supreme Court unanimously decided in Murray v. UBS Securities, LLC, et al. that employees bringing whistleblower claims against their employer under the Sarbanes-Oxley Act (SOX) need not prove that, in taking adverse action against them, their employer intended to retaliate against them due to their protected whistleblowing activity. The … Continue Reading

Supreme Court Narrows Scope of Dodd-Frank Whistleblower Protection (US)

In a decision issued on February 21, 2018, the United States Supreme Court substantially narrowed the class of employees who may claim whistleblower protection under the anti-retaliation provisions of the Dodd-Frank Act. The Sarbanes-Oxley Act of 2002 (“SOX”) was passed to protect investors from the possibility of fraudulent accounting activities by corporations. In 2010, Congress … Continue Reading
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