Little-Noticed SOX Provision Gains Traction

From Law.com:

Two-and-a-half years after the passage of the Sarbanes-Oxley Act, a little noticed provision on whistleblowing is gaining traction.

Within the sweeping corporate governance measures introduced by Sarbanes-Oxley in 2002, Congress also enacted a provision designed to protect employees who face retaliation after reporting instances of a company's financial fraud by allowing them to sue their employer. The law is intended to shield employees from potential retaliation by punishing employers through compensatory damages.

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