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ARTICLE · 05 MARCH 2014

Supreme Court Decision Alert - March 4, 2014

Mayer Brown
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Today the Supreme Court issued one decision, described below, of interest to the business community.

United StatesLitigation, Mediation & Arbitration
Richard Katskee
Richard Katskee
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Keywords: Sarbanes-Oxley Act 2002, whistleblower protection, Lawson v. FMR LLC,

Today the Supreme Court issued one decision, described below, of interest to the business community.

Sarbanes-Oxley Act of 2002—Whistleblower Protection

Lawson v. FMR LLC, No. 12-3 (previously discussed in the May 20, 2013, Docket Report)

To encourage reports of fraud by public companies, the Sarbanes-Oxley Act of 2002 offers whistleblower protections. Section 1514A of the Act provides that "[n]o public company..., or any officer, employee, contractor, subcontractor, or agent of such company, may discharge, demote, suspend, threaten, harass, or in any other manner discriminate against an employee in the terms and conditions of employment because of" whistleblowing or other protected activities. Today, in Lawson v. FMR LLC, No. 12-3, the Supreme Court held that Section 1514A's whistleblower protections apply to the employees of private contractors and subcontractors that contract

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