Landmark court ruling extends Sarbox protection to whistleblowers beyond US shores
Employees of US-listed companies who blow the whistle on fraud that take place in the US can be protected under the Sarbanes-Oxley law even if they are based beyond US shores, according to a landmark court ruling.
The decision, involving consultancy Accenture, overturns years of refusal by US courts to allow the extra-territorial application of Sarbox’s whistleblower protection laws, the Financial Times reports.
But this week, a judge in New York found that Rosemary O’Mahoney, a Paris-based Accenture employee who claimed Accenture had carried out tax fraud, could be protected because measures allegedly taken against her by the company were orchestrated in the US.
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