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Browse: Home / 2016 / June / 14 / Whistleblowers: No Reasonable Belief of Violation, No Protection — SEC Actions

Whistleblowers: No Reasonable Belief of Violation, No Protection — SEC Actions

By Securities Docket on June 14, 2016, 9:00 am

A recent decision by the eighth circuit court of appeals now adds to the debate over who can qualify as a whistleblower. Beacon v. Oracle America, Inc., No. 15-1729 (8th Cir. Decided June 6, 2016). There the court concluded that one must “establish that a reasonable person in his [the whistleblower’s] position, with the same training and experience, would have believed . . .” that the conduct complained of violated the federal securities laws to be engaged in protected activity.

via Whistleblowers: No Reasonable Belief of Violation, No Protection — SEC Actions

Posted in SEC, Top | Tagged Whistleblowers

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