As we reported here, on May 5, 2023, the SEC issued an award of $279 million to a whistleblower. This is the largest award the SEC has issued to an individual whistleblower in the history of the SEC Office of the Whistleblower’s program. While substantial portions of the Order granting this award were redacted, it is … Continue Reading
The New York State Department of Labor (NYSDOL) has issued a form of required notice regarding the dramatically expanded whistleblower protections under New York Labor Law § 740 that took effect last month. As we previously reported, the expanded law – which took effect on January 26, 2022 – significantly bolsters protections for private-sector workers … Continue Reading
On December 12, Proskauer partners Allan Bloom, Elise Bloom, and Harris Mufson delivered a webinar focused on how recent developments in the law impact the ground rules and key strategies for settlement in four distinct areas of employment litigation. Wage and Hour. Mr. Bloom explained that, in most jurisdictions, settlements of Fair Labor Standards Act … Continue Reading
The U.S. Supreme Court held that Sarbanes-Oxley Act’s whistleblower protection extends to employees of a publicly traded company’s contractors and subcontractors in its March 14, 2014 decision in the case of Lawson v. FMR LLC. This alert provides background and analysis of this first case decided by the Supreme Court under Section 806 of SOX. … Continue Reading
It has been consistently held under the Florida Whistleblower Act (“FWA”) covering private employers that there is no protection under the FWA if the employee’s complaint is not for an “actual” violation of a law, rule or regulation. The law for public employers is broader because it includes disclosure of “suspected violation.” Nevertheless, on an … Continue Reading
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