FINRA: the FAA requires enforcement of judicial class action waiver in pre-dispute arbitration agreement but does not preempt FINRA rules permitting consolidation of multiple parties' claims *

USA - March 7 2013
On February 21, 2013, the Financial Industry Regulatory Authority (FINRA) issued a written decision finding that the Federal Arbitration Act (FAA)…

Co-authors: Lloyd B. Chinn, Patrick J Lamparello.

Dodd-Frank's extension of SOX whistleblower protections to subsidiaries of publicly traded companies applies retroactively, says SDNY *

USA - July 18 2012
Recently, the Southern District of New York held that Section 929A of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd-Frank"), which amends Section 806 of the Sarbanes-Oxley Act of 2002 ("Sarbanes-Oxley" or "SOX"), can apply retroactively to protect whistleblowers working for a non-public subsidiary of a publicly traded company.

Co-authors: Yasmine Tarasewicz, Daniel Ornstein, Jon A Baumgarten, Lloyd B. Chinn, Patrick J Lamparello.