Difference between revisions of "Whistleblower Protection Laws"

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=='''Four advantages to bringing a Dodd-Frank claim in addition to a SOX claim:'''==
=='''Four advantages to bringing a Dodd-Frank claim in addition to a SOX claim:'''==
*<u>Double back pay:</u>  Dodd-Frank authorizes an award of double back pay (double lost wages) plus interest, whereas SOX authorizes ordinary back pay with interest along with other damages. Both statutes authorize reinstatement and attorney fees.
*<u>Double back pay:</u>  Dodd-Frank authorizes an award of double back pay (double lost wages) plus interest, whereas SOX authorizes ordinary [https://www.zuckermanlaw.com/sp_faq/damages-can-whistleblower-recover-sox/ back pay with interest along with other damages]. Both statutes authorize reinstatement and attorney fees.
*<u>Longer statute of limitations:</u>  Whereas the statute of limitations for a SOX retaliation claim is just 180 days, the statute of limitations for a Dodd-Frank retaliation claim is six to ten years.
*<u>Longer statute of limitations:</u>  Whereas the [https://www.zuckermanlaw.com/sp_faq/statute-limitations-sox-whistleblower-retaliation-case/ statute of limitations for a SOX retaliation claim is just 180 days], the statute of limitations for a Dodd-Frank retaliation claim is six to ten years.
*<u>Broader scope of coverage:</u>  SOX whistleblower protection applies primarily to employees of public companies and contractors of public companies.  The Dodd-Frank prohibition against whistleblower retaliation applies to “any employer,” not just public companies.
*<u>Broader scope of coverage:</u>  [https://www.zuckermanlaw.com/legal-services/sarbanes-oxley-whistleblower/ SOX whistleblower protection] applies primarily to [https://www.zuckermanlaw.com/sp_faq/protected-whistleblower-protection-provision-sarbanes-oxley-act/ employees of public companies] and contractors of public companies.  The Dodd-Frank prohibition against whistleblower retaliation applies to “any employer,” not just public companies.
*<u>No administrative exhaustion:</u>  In contrast to SOX, Dodd-Frank permits a whistleblower to sue a current or former employer directly in federal district court without first exhausting administrative remedies at DOL.
*<u>No administrative exhaustion:</u>  In contrast to SOX, Dodd-Frank permits a whistleblower to sue a current or former employer directly in federal district court without first exhausting administrative remedies at DOL.