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Corporate & Securities Law

: inside Sarbanes Oxley

Lawsuits may expand Sarbanes-Oxley

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Two lawsuits filed by former employees against Fidelity Investments may resolve a simmering dispute in the securities industry: Whether mutual fund employees are protected by a whistle-blower law adopted in the wake of corporate accounting scandals.The Sarbanes-Oxley Act does not specifically apply to the Fidelity Investments chairman's firm and other privately held companies.Congress gave whistle-blowers at public companies strong protections against retaliations when it passed the Sarbanes-Oxl read more

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Full post as published by inside Sarbanes Oxley on May 29, 2008 (boomark / email).

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