Individual Liability for Retaliation Unlikely Under Dodd-Frank Whistle-Blower Law

Much has been written about the impact that the Dodd–Frank Wall Street Reform and Consumer Protection Act’s whistleblower provisions are having on the Securities Exchange Commission’s enforcement agenda. With the publicity garnered by eye-popping awards being paid to whistleblowers, there seems a consensus that the SEC’s whistleblower program is akin to gasoline poured on a fire, begging whistleblowers with original information that could lead to uncovering securities violations to come forward and report to the SEC. And with the spike in whistleblowing activity, one might also expect greater potential for conflicts between employers and whistleblowers, resulting in litigation that will ...