• The Sarbanes-Oxley Act Mandates Procedures Governing the Investigation of Retaliation Complaints That Are Substantially Different Than Those Which Govern Similar Complaints Arising Under State and Federal Anti-Discrimination Statutes
  • November 14, 2003
  • Law Firm: Blank Rome LLP - Philadelphia Office
  • In July 2002, Congress enacted the Corporate and Criminal Fraud Accountability Act of 2002, otherwise known as Title VIII of the Sarbanes-Oxley Act of 2002 (the "Act"). The Act was passed to restore public confidence in the financial market and to reduce the likelihood of future crisis by ensuring that the public receives more information about possible corporate fraud. To encourage reporting of alleged corporate wrongdoing, the Act expressly provides protection for employees of publicly traded companies who "blow the whistle" on their employer.