Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

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...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.