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Second Circuit: No Dodd-Frank Protections for Whistleblowers Overseas

2014-10-02 02:08:19| Industrial Machines - Topix.net

The U.S. Second Circuit Court of Appeals made an important ruling in August, deciding that the whistleblower protections in the 2010 Dodd-Frank Act do not cover individuals who work for companies located outside the United States. In the ruling , the court sided with Siemens AG, a well-known German engineering and technology firm, in a case involving a former company attorney based in Taiwan who claimed he was terminated after he reported a potential issue of fraud.

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