Many people with knowledge of fraud never come forward for fear of retaliation. Don’t let this be you. Protect your rights with help from a SOX protections attorney.
The good news for corporate whistleblowers is that there are a number of laws that protect their rights after exposing corruption and fraud. While the Dodd-Frank Act is the most recent and well-known of these laws, the Sarbanes-Oxley Act of 2002 (SOX) also grants a number of legal protections that whistleblowers can benefit from.
Protecting your rights means knowing all the ins and outs of the relevant laws, however, which is why it’s a good idea to have a Sarbanes-Oxley protections lawyer from Meissner Associates on your side when you plan to tip off the SEC to corporate misconduct.
What Is the Sarbanes-Oxley Act?
SOX was written into law in 2002 with the intention of protecting investors. The law details a number of new requirements that corporations must adhere to when making disclosures, especially regarding accounting and securities laws.
Toward this goal, SOX also grants whistleblowers a number of rights and protections. Exposing fraud is a risky endeavor. Prior to SOX, potential whistleblowers often decided against coming forward due to fear of retaliation and getting blacklisted within their industry.
If you know of securities fraud or inadequate corporate disclosures, this is almost certainly something that you’re concerned about. A SOX protections attorney from our firm can help you submit your tip to the Securities and Exchange Commission (SEC) while ensuring that all of your rights under Sarbanes-Oxley are protected.
What Protections Does SOX Provide to Whistleblowers?
If you’re worried about being retaliated against for blowing the whistle, don’t be. Even if the target of the SEC investigation attempts to punish you for exposing them, Sarbanes-Oxley gives you the tools you need to rectify the situation.
According to SOX, whistleblowers are prevented from adverse employment actions when they report a violation of federal securities laws. These protections are extended to all employees of publicly traded companies, including contractors and—in some cases—even company lawyers.
According to Sarbanes-Oxley, “adverse employment actions” can include firing, demotion, harassment, threats, and many other actions that can harm your professional life and future. If you experienced such an employment action, you could be eligible to recover the following in a retaliation settlement:
- Lost wages, income, and benefits, possibly up to double back-pay
- Reinstatement to your previous position free of micromanagement
- Cost of litigating the retaliatory action
- Special damages for emotional distress and lost quality of life
Contact a SOX Lawyer to Protect Your Whistleblower Rights
Meissner Associates can help you submit a whistleblower tip to the SEC and protect you from retaliation by the target of the SEC investigation afterward. We help people with knowledge of fraud and misconduct protect investors—and get rewarded for it.
Become a whistleblower and ensure that your rights are protected. Contact our office for a free and confidential tip evaluation performed by a Sarbanes-Oxley protections lawyer today. Just complete the tip evaluation form below or give us a call directly at 1-866-764-3100.