Fifth Circuit Eliminates Key Whistleblower Retaliation Protections Under Dodd-Frank – A Pyrrhic Victory for Corporations
By Gordon Schnell
In a legal ruling that many corporations are surely celebrating, the Fifth Circuit Court of Appeals has significantly narrowed the scope of who qualifies as a whistleblower under the Dodd-Frank Act. It is only those individuals who actually provide information to the government (through the SEC
). If a whistleblower only reports internally, to a supervisor or through the company's...