Ira Lee Sorkin, John Howley, and John Vagelatos Present a CLE Program on the Dodd Frank Whistleblower Program at the New York City Bar Association. On September 14, 2016, the New York City Bar Association will present a Continuing Legal Education (CLE) program on the Dodd Frank Whistleblower Program. The Dodd-Frank Act ushered in a new era of whistleblower claims, protections, and complications for whistleblowers and companies alike. While the SEC has rejected the vast majority of whistleblower claims, it has awarded more than $85 million to 32 whistleblowers in less than five years, including one award for $30 million and another for $17 million. This program will address key developments in the Dodd-Frank whistleblower program, with an emphasis on the following issues:
- The SEC’s position on confidentiality and non-disclosure agreements, and its implications for internal investigations;
- The impact of a whistleblower’s own involvement in the alleged wrongdoing;
- Whistleblowers’ potential civil and criminal exposure for computer crimes, theft of trade secrets, and breach of non-disclosure agreements; and,
- The unresolved split between the 2nd and 5th Circuits on reporting to the SEC as a prerequisite to a whistleblower retaliation claim.