Quotable Quotes – Attorney Steve Pearlman on Record Breaking Whistle Blower Settlement

Regarding a $14 million dollar award to an unnamed whistle-blower who went straight to the SEC without first bringing his complaint to the attention of his employer, Steve Pearlman commented that the Dodd-Frank Act has created “A new regime that encourages employees to keep eyes and ears open… Employees are deputized to act as agents of the government.”  (Source: HR Magazine, December 2013 “SEC Pays Worker Its Largest Award for Whistle-Blowing”).

I wonder if this will encourage enterprising individuals to seek employment with companies where they feel they are most likely to encounter reportable violations?


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