Whistleblowers who report violations of securities laws internally but not to federal authorities are protected from retaliation, the U.S. Court of Appeals for the Second Circuit ruled Sept. 10, a decision that likely puts the case on a track to the U.S. Supreme Court. The appellate court’s 2-1 decision potentially opens the door for more corporate whistleblowers who have been harassed, demoted, passed up for promotion, terminated, or in other ways punished for calling out wrongdoing to sue their employers over alleged retaliation. The ruling revives a lawsuit filed by Daniel Berman, a former finance director at Neo@Ogilvy, the digital ... Read More
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