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Whistleblower Protection
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An employee of a privately held company (as opposed to a publicly held company that comes under regulatory authority of the Securities and Exchange Commission) is not covered by the whistleblower protections offered under Sarbanes-Oxley, according to a recent appellate decision. The employee is not protected even if his employer provides services to a public entity that is covered by the act.

An employee of a privately held company (as opposed to a publicly held company that comes under regulatory authority of the Securities and Exchange Commission) is not covered by the whistleblower protections offered under Sarbanes-Oxley, according to a recent appellate decision. The employee is not protected even if his employer provides services to a public entity that is covered by the act.

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Source URL: http://www.securitymanagement.com/article/whistleblower-protection-0010030

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[1] http://www.securitymanagement.com/sites/securitymanagement.com/files/Lawson_v_FMR.pdf