U.S. justices extend employee whistleblower protections

Reuters News
Posted: Mar 04, 2014 10:13 AM

WASHINGTON (Reuters) - The U.S. Supreme Court ruled on Tuesday that employees at private firms that contract with publicly traded companies are subject to whistleblower protections.

The justices ruled on a 6-3 vote, interpreting part of the Sarbanes-Oxley Act, that two whistleblowers were legally protected against retaliation after they raised concerns to their employer, Fidelity Investments parent FMR LLC, about how some mutual funds were being managed. Whistleblowers at public companies already are protected from employer retaliation.

(Reporting by Lawrence Hurley; Editing by Howard Goller)