4/13/2010

Employees at mutual fund companies are protected under whistle-blower law in the Sarbanes-Oxley Act, according to a ruling by District Judge Douglas Woodlock. Plaintiff Jackie Hosang Lawson argued that she was threatened and passed over for promotion after voicing concern with superiors at Fidelity Brokerage Services. Previously, fund companies argued that they were exempt from the whistle-blower rule governing publicly traded companies.

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