Re:Programmer who worked for Bernard Madoff is arrested by FBI
by jhancock on Friday November 13, 2009 @02:58PM
(#940658)
Here's what I've learned about whistle blowing: you have little protections.
I was in a situation about 10 years ago where I wanted to report investor fraud to the SEC. My legal counsel told me I had no protections from being sued. My logic was that a contract (e.g. an employment contract) could not hold me liable for damages caused by reporting a crime. I was told my logic was wrong and that there are few protections. There have been various whistle blower laws for reporting specific crimes. Some of these have been repealed or allowed to lapse.
I was in a situation about 10 years ago where I wanted to report investor fraud to the SEC. My legal counsel told me I had no protections from being sued. My logic was that a contract (e.g. an employment contract) could not hold me liable for damages caused by reporting a crime. I was told my logic was wrong and that there are few protections. There have been various whistle blower laws for reporting specific crimes. Some of these have been repealed or allowed to lapse.