By Gordon Schnell and Marlene Koury, Thomson Reuters Accelus contributing authors
NEW YORK, Sept. 26 (Thomson Reuters Accelus) - Two recent and conflicting court decisions leave an open question over exactly who is covered by the Dodd-Frank Act whistleblower protections.
Under the recently implemented whistleblower provisions of the Dodd-Frank Act, whistleblowers who report violations of the securities laws are supposed to be protected from being fired. These protections — which can include reinstatement, double back pay and special damages — are designed to serve as an incentive for whistleblowers to come forward despite the risk that they will be retaliated against for exposing their employers’ wrongdoing. (more…)