Whistleblowing, Bounty Hunting, and Retaliation: New Compliance Challenges for your Organization

Webcast

Whistleblowing, Bounty Hunting, and Retaliation: New Compliance Challenges for your Organization

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The 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act increased the protection for whistleblowers and raised the penalties employers will pay for retaliating against them. Recently enacted SEC regulations implementing Dodd-Frank have wrecked havoc on organizations’ internal reporting programs, incenting employees to bypass those systems and instead report concerns directly to the Government. The SEC also has allotted more than $450 million to its investor protection fund to help fund whistleblower awards.

Even before Dodd-Frank, employers grappled with how to handle retaliation complaints. That's because:

Most managers don’t understand the basic components of retaliation; for example, the EEOC’s 2010 charge statistics showing that for the second year in a row, retaliation was the #1 claim filed with the EEOC.
Companies often silo retaliation claims into the compliance department or legal department, without seeking HR's input.

Recent cases and new laws have put whistleblowing and retaliation on the forefront of corporate compliance efforts and risk management. In house counsel, compliance professionals, and HR leaders all need to be prepared to empower employees to report complaints, and to ensure that issues are properly handled – with a zero tolerance policy on retaliation. Are you and your organization ready?

This webcast will provide in house counsel, compliance professionals, and HR with an overview of:

The latest whistleblower protection laws, including heightened FCPA enforcement and how the Dodd-Frank corporate whistleblower program is turning employees into bounty hunters.
Anti-retaliation protections, including recent cases that have changed both the breadth and scope of retaliation claims.
Practical strategies and best practices for organizations to mitigate skyrocketing whistleblower and retaliation risk.

Presented by:

Reid Bowman, General Counsel, ELT
Gregory C. Keating, Littler Mendelson
Dave Curran, IntraLinks

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