Corporate whistleblower protection under the Sarbanes-Oxley securities law stops at the U.S. border. In the first appellate decision to weigh in on whistleblower protections under SOX, the 1st Circuit has decided that they do not extend to foreign workers employed by U.S. companies' overseas subsidiaries. In the case at issue, the Argentinean plaintiff's attorney argued that the SEC has interpreted other SOX sections' nearly identical language to apply to foreign companies.
January 18, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Corporate whistleblower protection under the Sarbanes-Oxley securities law stops at the U.S. border.
The 1st U.S. Circuit Court of Appeals has become the first appellate court to weigh in on the whistleblower protections under the Sarbanes-Oxley Act, saying it does not extend to foreign workers employed by the overseas subsidiaries of U.S. companies.
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