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Second Circuit Affirms Dodd-Frank Challenge by Siemens

Jaclyn Jaeger | August 15, 2014

The Second Circuit Court of Appeals this week affirmed the dismissal of a legal challenge filed by a whistleblower against Siemens, holding that the anti-retaliation provisions of the Dodd-Frank Act do not extend to employees outside the United States, marking a second victory in the case for companies that face such claims.

As Compliance Week previously reported, Meng-Lin Liu, former group chief compliance officer for the healthcare division of a Chinese subsidiary of Siemens, filed the case in January 2013 alleging he was wrongfully terminated in 2010 after he raised concerns about potential violations of the company’s anti-graft internal controls.

Liu further raised concerns about a deal in North Korea that he...

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