What is a Whistleblower?

In 2002, three women—Coleen Rowley (former FBI agent), Cynthia Cooper (former WorldCom accountant) and Sherron Watkins (former Enron accountant) were honored as Time Magazine's “Persons of the Year” for blowing the whistle on power abuses, fraud and corruption they witnessed at the hands of their employers. The term “whistleblower” alludes to someone who witnesses improper

March 31, 2014|Tags: , , , , |

Supreme Court Whistleblower Ruling Impacts Private Companies

On March 4, the United States Supreme Court (SCOTUS) voted to extend whistleblower protection to employees and contractors of private companies that work with publicly traded firms. By expanding the language of the Sarbanes-Oxley Act (SOX), Justices gave many small businesses membership to a club previously reserved for privately traded companies. Under the act, companies

March 31, 2014|Tags: , , , |