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Privately Held Company Not Covered by Sarbanes-Oxley

An employee of a privately held company (as opposed to a publicly held company that comes under regulatory authority of the Securities and Exchange Commission) is not covered by the whistleblower protections offered under Sarbanes-Oxley, according to a recent appellate decision. The employee is not protected even if his employer provides services to a public entity that is covered by the act.

Lawson_v_FMR.pdf

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