X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The U.S. Supreme Court’s Digital Realty decision presents good and bad news to public companies and other entities regulated by the U.S. Securities and Exchange Commission (SEC). The so-called “good” news is that the decision limits their liability for alleged retaliatory acts by ruling that Dodd-Frank does not provide a private right of action to employees who only report potential misconduct internally to the company. Yet, by taking away this protection, the court effectively directs employees to bypass their company’s compliance programs and instead report the alleged misconduct directly to the SEC (or at the very least, simultaneously report the potential misconduct to the SEC and the company). Therein lies the apparent “bad” news.

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.