Supreme Court: Dodd-Frank Whistleblower Protection Is Narrow
Law Reviews
The Supreme Court ruled Wednesday that whistleblower protections passed by Congress after the 2008 financial crisis only apply to
people who report problems to the government, not more broadly.
The justices said that a part of the Dodd-Frank Act that protects whistleblowers from being fired, demoted or harassed only applies to
people who report legal violations to the U.S. Securities and Exchange Commission. They said employees who report problems to their
company's management but not the commission don't qualify.
People who report issues to their company's management are still protected against retaliation but under an older law, the 2002
Sarbanes-Oxley Act. But the two laws differ in a number of ways, including how long people have to bring a lawsuit and how much money
they can get in compensation.
The justices were unanimous in agreeing that the whistleblower protection in the Dodd-Frank Act only covers people who report to the
SEC. Writing for the court, Justice Ruth Bader Ginsburg said "Dodd-Frank's text and purpose leave no doubt" about who the term
"whistleblower" applies to.
"The definition section of the statute supplies an unequivocal answer: A 'whistleblower' is 'any individual who provides ... information
relating to a violation of the securities laws to the Commission,'" she wrote.
The SEC had interpreted the whistleblower protection in the Dodd-Frank Act more broadly, an interpretation the Supreme Court rejected.
Related listings
-
Republican protests in close North Carolina races dismissed by elections board
Law Reviews 12/09/2024North Carolina’s elections board dismissed formal protests Wednesday by several Republican candidates who trailed narrowly in their races last month and had questioned well over 60,000 ballots cast this fall.The State Board of Elections’ ...
-
Court will hear arguments over Tennessee’s ban on gender-affirming care
Law Reviews 12/02/2024Advocates for transgender rights are turning to a conservative-dominated Supreme Court after a presidential election in which Donald Trump and his allies promised to roll back protections for transgender people.The justices on Wednesday are taking up...
-
New Hampshire courts hear 2 cases on transgender girls playing girls sports
Law Reviews 11/23/2024Two New Hampshire fathers who were barred from school district events for wearing pink wristbands marked “XX” to represent female chromosomes insisted at a federal court hearing Thursday that they didn’t set out to harass or otherwi...
New Rochelle, New York Personal Injury Lawyers
If you or a loved one has been injured in an accident, contact Kommer, Bave & Ollman, LLP, in New Rochelle, New York, immediately. We can answer all your questions and work with you to determine if you have the grounds for a personal injury lawsuit. The attorneys at our firm are determined to resolve even the most difficult of cases. We will work closely with you to determine the best course of action to get your claim or case resolved in the most efficient way possible. We will fight for your right to compensation! No one should have to suffer a financial burden from the result of another person’s carelessness. The attorneys at Kommer, Bave & Ollman, LLP will aggressively fight to ensure that justice is served on your behalf.