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Whistleblowers find little help from new Sarbanes-Oxley

One of the major selling points of the Sarbanes-Oxley Act of 2002 was the protection for whistleblowers. The legislation required public companies to put into place “anonymous reporting mechanisms” (like hotlines) so that employees could report suspected fraud without fear of reprisal. It further required companies to protect employees from retaliation when they report suspicions ...

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