Dodd-Frank Offers More Whistleblower Protection
The Dodd-Frank bill offers more whistleblower protection. Whistleblowers can now receive up to 30% of any amount recouped.
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0 thoughts on “Dodd-Frank Offers More Whistleblower Protection”
I don’t think that a monetary “reward” should be a part of this legislation. If an employee is truly concerned about unethical behavior in his or her company, then that person would, I believe, report it regardless of any “gain” that he or she might receive.
I agree VKR. People should do the right thing just because it’s the right thing to do. Although I know that many whistleblowers are often later fired, not promoted, or black-listed from their industry and have to change careers. I guess that monetary reward could be viewed as compensation for the backlash they might receive.
I am a whistleblower and everything I reported was documented , licenses were lost , business shut down . etc. etc.
I received threats and attempts on my life on top of losing my job , career , savings , home , health and family .
Years later I am still struggling with basic survival needs and need help .
It’s either a reward substantial enough to invest for future needs or a fund should be established to help those who are punished for committing the truth .
And don’t look to the courts to resolve the issues for a whistleblower !
I hit judicial misconduct and never got my damages which were a joke anyway .
Once you are labelled a whistleblower- noone wants to interview you let alone hire you .
Expect to become unhirable & to have to do demeaning work that will no longer support your family .
So yes – there should be some financial light at the end of the tunnel for those who have the courage to come forward .
No-one should have to go through what I did and years later still suffer as a result of doing the right thing .