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SEC releases first full-year report on the Dodd-Frank Whistleblower Program: no speedy recoveries for whistleblowers

USA - November 16 2012 On November 15, 2012, the Securities and Exchange Commission released its Fiscal Year 2012 Annual Report on the Dodd-Frank Whistleblower Program, the first full-year report issued since the enactment of Dodd-Frank.

Mike Delikat

California computer software employee overtime exemption rate to increase 2.6% on January 1

USA - November 14 2012 The California Department of Industrial Relations (DIR) released its 2013 hourly rate and minimum salary requirement adjustment for exempt computer software employees.

Chris Brown, Jessica R. Perry

Sixth Circuit reverses Cintas pattern-or-practice case

USA - November 13 2012 Last week, the Sixth Circuit Court of Appeals reversed summary judgment orders in a Title VII sex discrimination case against Cintas Corporation, holding that the EEOC (the intervening plaintiff) should have been allowed to pursue a pattern-or-practice claim under §706 of Title VII using the analytical framework set forth in Int’l Brotherhood of Teamsters v. United States, 431 U.S. 324 (1977).

Chris Brown, Jessica R. Perry

SEC pays first ever Dodd-Frank whistleblower bounty award

USA - August 22 2012 On August 21, 2012, the Securities and Exchange Commission (SEC) announced that it has awarded its first whistleblower bounty, just over one year after the SEC’s Dodd-Frank whistleblower rules became effective.

Mike Delikat, Renee B. Phillips

Dodd-Frank amendment applies retroactively, “clarifies” SOX Section 806

USA - July 18 2012 On July 9, 2012, a Southern District of New York court held that the Dodd-Frank Act applies retroactively to protect whistleblowers employed by subsidiaries of publicly-traded companies

Mike Delikat, Renee B. Phillips