Kohn, Kohn & Colapinto represent corporate whistleblowers under the Dodd-Frank Act (which includes coverage for whistleblowers under the Securities and Exchange Act, Commodity Exchange Act, the Foreign Corrupt Practices Act ), False Claims Act, the IRS whistleblower law and Sarbanes-Oxley Act (SOX).
The Dodd-Frank Act’s corporate whistleblower provisions are “state of the art.” They include:
- Confidential and anonymous reporting
- International coverage;
- Mandatory rewards;
- Strong anti-retaliation provisions
- Prohibit restrictive NDAs
The IRS whistleblower law and the False Claims Act also have strong anti-retaliation and mandatory reward provisions,
The Sarbanes-Oxley Act (SOX) covers employees, contractors, subcontractors, and agencies of publicly traded companies who report securities violations to their bosses, internal compliance programs, Congress, the SEC, among other agencies.
Sarbanes Oxley whistleblowers must file their complaint with the Department of Labor in writing within 180 days of the time the whistleblower learns that he or she will be, or has been, subjected to discrimination, harassment, or retaliation. Unlike the Dodd-Frank Act, the SOX does not offer financial rewards and whistleblowers cannot be confidential.
Employees reporting corporate fraud who prevail under SOX are entitled to:
*If an employee is seeking “special damages,” that relief should be requested in their initial complaint.
Many other federal and state laws have been enacted to protect corporate whistleblowers. The New Whistleblower’s Handbook: A Step-by-Step Guide to Doing What’s Right and Protecting Yourself contains twenty-one clear and comprehensive rules that fully explain the “how” to effectively blow the whistle on corporate fraud and potentially qualify for financial rewards. This book is also available directly from the publisher, or at a public library. It is very important that you review this resource in order to determine what laws may protect you and whether you need to take immediate action to protect your rights.
Visit our SOX Corporate Whistleblower Resource page.
Contact one of our whistleblower attorneys to assist you to report corporate fraud.