Raising issues of corporate fraud was important to investors. It shouldn’t have ended your career.
What is the Sarbanes-Oxley Act?
The Sarbanes-Oxley Act of 2002 (“SOX”), which Congress enacted in response to series of huge accounting frauds, has transformed the legal landscape for employees who work for publicly traded companies and their subsidiaries.
The act’s whistleblower protection provisions provide a powerful legal mechanism for employees who suffer retaliation for reporting fraud on shareholders, such as making misleading financial statements to the investing public. As a result of recent developments in the law, SOX also protects employees who report a much wider range of fraud on a company’s customers, clients and the U.S. government.
Who is covered under the Sarbanes-Oxley Act?
Employees of companies that sell stock on public exchanges, or which are required to file certain reports with the Securities and Exchange Commission, are covered under the Sarbanes-Oxley Act. Under the 2010 amendments to the law, an employee of a public company’s subsidiary is also covered if the subsidiary’s finances are consolidated into the parent company’s financial statements.
Click here to learn more about whistleblower protections under the Sarbanes-Oxley Act.
Why Hire KMB For Your Sarbanes-Oxley Whistleblower Case?
Our attorneys were among the first in the country to develop expertise in pursuing SOX whistleblower claims before the U.S. Department of Labor, which is charged with investigating and adjudicating those claims.
We have obtained very favorable outcomes for SOX whistleblowers working in a wide range of industries, from sub-prime lending to pharmaceuticals to manufacturing — anywhere companies commit fraud on investors or government regulators. Our clients have included high-level executives, bankers, compliance officers, in-house attorneys, sales managers and accountants.
If you have concerns about accounting fraud or other corporate wrongdoing that you are thinking about reporting—or if you already have and are facing retaliation—contact KMB’s experienced lawyers. Your communications with us are confidential and without charge or further obligation.
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How we've helped our clients
"I can’t thank Lisa Banks and Debra Katz enough for their expertise, thoroughness and dedication in handling and prevailing on my SOX whistleblower complaint..."
-- Financial services SOX whistleblower