Whistleblower Protection Inapplicable To US Foreign Subsidiaries
November 08, 2006
The First Circuit U.S. Court of Appeals has ruled that the whistleblower protection provisions of Sarbanes-Oxley do not have extraterritorial impact, meaning they do not apply to foreign citizens reporting accounting irregularities at an American company's foreign subsidiary.
Unbelieveble.
Unbelieveble.