Tags » Sarbanes-Oxley Act

Subprime Loans (aka near-prime, non-prime, and second-chance lending): The Under-the-Radar Loans that Felled a Market

To assist businesses, The Sarbanes-Oxley Act was enacted in 2002, sought to restore integrity and public confidence to the financial markets. 220 more words

Ethics

A social welfare crisis alternative: CEO of successful pension fund offers case for private sector re-adoption of defined benefit pensions

When Jim Keohane took over as senior vice-president of investment management and chief investment officer for Healthcare of Ontario Pension Plan (HOOPP), no one knew the new millennium would bring a meltdown of the booming tech sector. 2,119 more words

Executive

UNITED STATES SUPREME COURT EXPANDS SARBANES-OXLEY WHISTLEBLOWER PROTECTION

In the early 2000s, corporate and accounting scandals involving Enron, Tyco, WorldCom, and other publicly traded companies cost investors billions of dollars and prompted federal legislation to reform corporate financial practices. 380 more words

Retaliation

Supreme Court Expands Sarbanes-Oxley Whistleblower Protection

Contributed by Jonathon Hoag

The U.S. Supreme Court ruled that the whistleblower protections of the Sarbanes Oxley Act (SOX) reach beyond publicly traded companies.  In a split decision, the Court held that employees of privately held companies that contract or subcontract with a publicly traded company covered by SOX are also protected by SOX’s whistleblower provision. 346 more words

News & Tips

March 4, 2014 united States Supreme Court opinions

Lawson v FMR, LLC

Lawson sued FMR alleging retaliation in violation of the Sarbanes-Oxley whistleblower protection 18 USC 1514A. FMR moved to dismiss arguing that 1514A only applied to employees of the publicly listed company alleged to be committing fraud or other financial abuses. 415 more words