Companies ought to prepare for another potential headache stemming from the recently passed Dodd-Frank Act: An uptick in whistleblower retaliation claims.
The law has already received much publicity for the “bounty program” it establishes for whistleblowers who raise their concerns with the Securities and Exchange Commission, and can then collect a portion of any proceeds the SEC might get stemming from the whistleblower’s tip. But many other provisions of the huge bill provide incentives well beyond reporting concerns to the SEC.
