What is the future of Sarbanes-Oxley Act? Use the information in the article referenced. (Legal Alert: High Court's Decision Next Term May Increase Sarbanes-Oxley Whistleblower Litigation)?
Please use the link below:
This article makes very good points in regards to the Sarbanes-Oxley Act and whistleblower protection. It is true that the Sarbanes-Oxley (SOX) Act applies to public companies and not to private companies. There could be grounds at either type of company, however, to 'blow the whistle.' Private companies are engaged in transactions with public companies where fraud could be involved, and private companies can be engaged in market activities ...
This solution discusses the article referenced in the student's question. The future of the Sarbanes-Oxley Act in regards to whistleblower retaliation is thoroughly discussed. The links provided are used.