Whistleblower complaints growing.
Author | Swartz, Nikki |
Position | UP FRONT: News, Trends & Analysis - Brief Article |
Statistics show that Sarbanes-Oxley-protected whistleblower complaints are the fastest-growing category of complaints filed with the U.S. Department of Labor.
Whistleblowing issues are altering the landscape of American business, according to Daniel P. Westman, J.D., partner at Washington, D.C.-based Shaw Pittman LLP and co-author of Whistleblowing: The Law of Retaliatory Discharge.
"From a historical perspective, the whistleblower has evolved from snitch to corporate hero. Within that context, and because it's simply the right thing to do, executives must take painstaking efforts to comply with the whistleblower regulations of Sarbanes-Oxley," he said.
While the regulations are extensive (see www.nyse.com or www.nasdaq.com/about/codesofconduct.stm), Westman says public...
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