Posted in SOX WhistleBlowing in the news
at 28/03/2008
SOX Whistleblower Sues Fidelity in Boston Federal Court
As reported by Financial News Online, and Mutual Fund Wire a former employee of Fidelity Investments in the US is suing the company for wrongful discharge, including violations of Section 806 of the Sarbanes-Oxley Act of 2002. The former employee alleges that she was harassed and forced out after bringing attention to problems in the way Fidelity reports profitability figures for its funds. The case was filed in Boston Massachusetts. The complaint also alleges that Fidelity contends that US whistle-blower protection regulations, do not apply.
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