Sarbanes-Oxley Whistleblower Hotline
For corporate employees, the Sarbanes-Oxley (SOX) hotline can be a valuable tool for would-be whistleblowers who would like to report their tips internally, as well as to the Securities and Exchange Commission (SEC). The enactment of the Sarbanes-Oxley Act offered substantial protections for whistleblowers against retaliation for reporting securities violations.
It also required corporations to implement an internal reporting system that allowed whistleblowers to report information under the condition of anonymity. If a company fails to offer you access to a Sarbanes-Oxley whistleblower hotline or the protection from retaliation you are entitled to, you may be able to take legal action.
SOX Whistleblower Compliance
For a publicly traded company to be considered SOX-compliant, it must have a readily available reporting hotline for employees to use if they wish to report possible violations within the company before doing so with the SEC. The hotline must allow the whistleblower to remain anonymous.
The company must also abide by retaliation laws. Employers are not to fire, suspend, demote, harass, or defame you within the company or publicly if your identity as a whistleblower becomes known. Taking your tip to a qualified SEC whistleblower lawyer can help you ensure that you are not retaliated against and that your information reaches the appropriate places.
Sarbox Action Against Your Employer
When your employer has violated SOX provisions, either by failing to protect your desired anonymity or by retaliating against you for becoming a whistleblower, you can take action. We begin by filing a complaint under the Sarbanes-Oxley Act. This must be done within ninety days of the retaliation.
If we are successful in our attempt to hold the corporation responsible, you will be able to be reinstated in your pre-retaliation position at the same rate of pay and seniority level.
The violating company should also be required to cover the costs of hiring an attorney, issue you retroactive pay from the date of your firing, and, in some cases, offer you special damages for mental anguish and damage to your professional reputation.
Call a Sarbanes-Oxley Whistleblower Lawyer
If you’ve attempted to use your company’s Sarbanes-Oxley whistleblower hotline and your employer failed to offer you the protections you were entitled to, call a Sarbox whistleblower protection lawyer at Meissner Associates who can help you protect your anonymity and receive your reward. Simply fill out the contact form below or give us a call at 1-866-764-3100 to schedule a no-obligation consultation.