Confidentiality for Whistleblowers
The SEC whistleblower program established by the Dodd-Frank Act contains strong confidentiality provisions. Under the Dodd-Frank Act, only whistleblowers represented by a lawyer can report fraud anonymously. Whistleblowers may remain anonymous until immediately before payment of the reward.
The Dodd-Frank Act protects whistleblowers by creating a federal private right against employer retaliation. Employers may not fire, demote, suspend, threaten, harass or discriminate against a whistleblower. Whistleblowers who suffer from employment retaliation may sue for reinstatement, back pay and any other damages that occurred.
Whistleblowers will also have the right to appeal if they are denied a whistleblower award and have the right to a jury trial if they sue their employer for retaliation after providing information to the government.
For a confidential, free consultation about a possible whistleblower lawsuit, please contact Motley Rice whistleblower attorneys Rebecca Katz by email or call 212.577.0041 or Mark Labaton by email or call 310.500.3540.
View a complete list of Motley Rice securities and consumer protection lawyers.