Whistleblower provisions written into the 2010 Dodd-Frank Act do not protect overseas workers from retaliation, a New York federal judge has ruled in a case that has been closely monitored by the financial industry and legal experts in the U.S. The case involved a China-based employee Meng-Lin Liu, who filed a whistleblower complaint against his employer Siemens AG in 2011, claiming the company fired him in retaliation for raising concerns internally about fraud and other wrongdoing. Mr. Meng-Lin, a former regional compliance officer for a Chinese subsidiary of Siemens, raised concerns that employees were violating the company’s anti-graft controls as ... Read More
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