Legal Alert - U.S. Supreme Court Expands Whistleblower Protections for Employees of Private Companies
by Joseph G. Adams
In an opinion issued on March 4, 2014, the U.S. Supreme Court extended the whistleblower protections of the Sarbanes-Oxley Act to employees of private companies that do business with public companies, such as investment advisors, accountants and lawyers. By adopting a broad view of whistleblower protections, the Court’s decision in Lawson v. FMR LLC, Case No. 12-3 (U.S. Mar. 4, 2013), expands the group of employees who are eligible for protection under the law as whistleblowers.