Archives: Protecting Compliance Officials

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NJ Supreme Court Holds Compliance Employees Have Full Whistleblower Protection

SEC Announces Million-Dollar Whistleblower Award to Compliance OfficerThe New Jersey Supreme Court issued a ruling on July 15, 2015 in the case of  Lippman v. Ethicon, Inc setting important precedent confirming that compliance employees are fully protected under state whistleblower laws. This ruling settles an ongoing controversy as to whether compliance officers, who have the job as company “watchdog,” can be whistleblowers. … Continue Reading

SEC Awards $1.6 Million to Compliance Officer for Protecting Investors

SEC Announces Million-Dollar Whistleblower Award to Compliance OfficerOn April 22, the Securities and Exchange Commission announced an award of more than a million dollars to a compliance professional who provided information that assisted the SEC in an enforcement action against the whistleblower’s company. The award involves a compliance officer who had a reasonable basis to believe that disclosure to the SEC was … Continue Reading

Ethisphere Magazine Names Stephen Kohn Among 100 Most Influential In Business Ethics

Ethics100Kohn, Kohn & Colapinto partner Stephen M. Kohn was named to Ethisphere Magazines 100 Most Influential in Business Ethics in its 2014 third quarter issue. Each year, Ethisphere recognizes 100 individuals that have made a material impact in the world of business ethics and compliance through the annual 100 Most Influential People in Business Ethics … Continue Reading

OSHA Finalizes Whistleblower Retaliation Complaint Procedures Under Sarbanes-Oxley

SOX-Sarbanes-OxleyOn March 6, 2015, The Occupational Safety and Health Administration published a final rule finalizing procedures for handling whistleblower retaliation complaints filed under Section 806 of the Sarbanes-Oxley Act of 2002 (SOX). Sox Act contains significant protections for corporate whistleblowers. It covers employees who report fraudulent activities and violations of Securities Exchange Commission rules that can harm … Continue Reading

Compliance Professional Awarded $300,000 by SEC

Whistleblower Came to SEC After Reporting Internally and Company Failed to Take Action On August 29, 2014, The Securities and Exchange Commission announced a whistleblower award of more than $300,000 to a company employee who performed audit and compliance functions and reported wrongdoing to the SEC after the company failed to take action when the … Continue Reading
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