New York Lawyers Handling Sarbanes-Oxley Whistleblower Claims
The Sarbanes-Oxley Act (SOX) contains a whistleblower provision which protects employees of publically traded companies from retaliation for complaining about or reporting certain fraudulent activities.
At the New York City law office of Raff & Becker, LLP, our employment law attorneys and staff handle Sarbanes-Oxley whistleblower claims for clients throughout the state. We represent the rights of employees who have already initiated whistleblower claims or are wondering what may happen if they report their employers' fraudulent actions.
Specifically, the statute protects employees who report mail fraud, wire fraud, bank fraud, securities fraud, a violation of any rule or regulation of the Securities and Exchange Commission, or any provision of federal law relating to fraud against shareholders to a federal regulatory or law enforcement agency, a Member of Congress or Congressional committee, or their supervisor or others in the company.
The remedies available for a violation of the whistleblower provision of SOX include reinstatement with seniority, back pay with interest, damages for emotional distress, and attorney's fees and litigation costs.
It is illegal for your company to fire you or retaliate against you because you reported fraudulent activity to a company official or government agency.
At Raff & Becker, LLP, our attorneys understand that an employee should not be punished by an employer for reporting fraudulent activity that harms the company's shareholders or the public. We will often begin our representation of a client by sending the former employer a demand letter explaining the circumstances of the retaliation and seeking to negotiate a settlement of the client's claim. If successful, this is the least expensive and quickest way to resolve the matter. If the employer refuses to settle, we will represent the client before the U.S. Department of Labor and, if necessary, by filing suit in federal court.
Contact a member of our legal team at Raff & Becker, LLP today to further discuss your questions or concerns about Sarbanes-Oxley whistleblower claims. We can help you understand your rights and ensure that they are protected.
The New York employment law firm of Raff & Becker, LLP confidently provides employment law, discrimination, sexual harassment, ADR, and anti discrimination laws legal services to clients located in New York City (NYC), New York (NY), including the five Boroughs (the Bronx, Brooklyn, Manhattan, Queens, and Staten Island), Long Island, Westchester, Nassau County, Suffolk County, and all of the surrounding areas.
RAFF & BECKER, LLP
Attorneys at Law
New York State Discrimination Attorneys
New York City Sexual Harassment Lawyers
470 Park Avenue South
3rd Floor North
New York City, NY 10016
Phone: (212) 732-5400
Fax: (212) 732-0270
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