Court Holds Dodd-Frank Whistleblower Has No Right to Jury Trial

King & Spalding
Contact

In an apparent case of first impression, a federal district judge in Atlanta has ruled that whistleblowers claiming retaliation under the Dodd-Frank Wall Street Financial Reform and Consumer Protection Act of 2010 are not entitled to a jury trial. The decision provides the first authoritative answer to one of several statutory issues still working their way through the courts.

Dodd-Frank section 922 — along with Securities and Exchange Commission rules promulgated thereunder — provides monetary awards for certain whistleblowers and prohibits retaliation against such whistleblowers. Under the latter provisions, a whistleblower claiming retaliation (or alternatively the SEC) can sue for reinstatement, double back pay, and certain litigation-related costs. The statute is silent with respect to whether a jury trial is available in such cases.

Please see full publication below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© King & Spalding | Attorney Advertising

Written by:

King & Spalding
Contact
more
less

King & Spalding on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide