{"id":225,"date":"2007-09-13T17:35:52","date_gmt":"2007-09-13T17:35:52","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2007\/09\/highly_touted_whistleblower_pr_1"},"modified":"2021-09-20T15:41:20","modified_gmt":"2021-09-20T20:41:20","slug":"highly-touted-whistleblower-pr-1","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/highly-touted-whistleblower-pr-1\/","title":{"rendered":"Highly Touted Whistleblower Protection Law Is Lost in the Wind"},"content":{"rendered":"

\t\t\t\tOnly a tiny fraction of whistleblower claims against companies have been successful since the passage of the Sarbanes-Oxley law five years ago, raising questions about the ability of employees to raise the alarm about corporate malfeasance, a study claims.<\/p>\n

While corporate America whines almost daily about “burdens” placed by it by the so-called “Sorbox” legislation, the truth is that companies continue to defraud investors almost with impunity, while abusing any employee who might dare point a finger at them. <\/p>\n

Sarbanes-Oxley contained new pro-whistleblower provisions when it was passed in 2002 in the wake of the Enron and WorldCom scandals. Touted by some as a “revolution in corporate freedom of speech”, it was intended to strengthen the protections available to employees who bring to light cases of fraud by including strong “anti-retaliation” provisions.<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Only a tiny fraction of whistleblower claims against companies have been successful since the passage of the Sarbanes-Oxley law five years ago, raising questions about the ability of employees to raise the alarm about corporate malfeasance, a study claims. While corporate America whines almost daily about “burdens” placed by it by the so-called “Sorbox” legislation, […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3790,3738],"tags":[],"class_list":["post-225","post","type-post","status-publish","format-standard","hentry","category-crime","category-investor-fraud"],"yoast_head":"\nHighly Touted Whistleblower Protection Law Is Lost in the Wind — Investor Lawyers Blog — September 13, 2007<\/title>\n<meta name=\"description\" content=\"Only a tiny fraction of whistleblower claims against companies have been successful since the passage of the Sarbanes-Oxley law five years ago, raising — September 13, 2007\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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