Dodd-Frank’s whistleblower incentive provisions have generated plenty of excitement for plaintiffs lawyers and teeth-gnashing among corporations and their counsel—even if we’re all still waiting for the first award. In the meantime, a trickle of court opinions is offering a preview of years of likely litigation over the scope of whistleblower protection under the law.
The latest decision came out on Monday, and it’s sure to please the plaintiffs bar. As the New York Law Journal reports, a federal judge ruled that Dodd-Frank gave retroactive protection to whistleblowers at subsidiaries of public corporations—not just those directly employed by their parent companies.
