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Legal Alert - Federal Courts Endorse an Expanded Definition of a "Whistleblower" - Companies Should Carefully Consider the Who and How When Claims Are Made

10/02/2012

by Joseph G. Adams

Federal courts are following the lead of the Securities and Exchange Commission (SEC) in adopting an expansive view of who can be a “whistleblower” under The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank). Recent decisions are treating employees as whistleblowers even if they raise issues that do not necessarily constitute a violation of the securities laws and even if they do not follow the formal processes set forth by the SEC.

[Read the full alert.]