The U.S. Supreme Court extended the whistle-blower protections provided in the Sarbanes-Oxley Act to include employees of privately held companies that are contractors or subcontractors of a public company.  The high court’s ruling in Lawson v. FMR LLC, marks a significant expansion of the statute and opens the door for claims of a new class of workers from roughly 5,000 public companies to potentially 6 million private ones, including even the smallest “Mom and Pop” businesses.
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