In 2002, the Sarbanes-Oxley Act (SOX) was passed in response to the Enron and WorldCom scandals, offering broad protections for whistleblowers at public companies in order to encourage fraud reporting. Private companies were considered immune to the law.
But in 2014 the Supreme Court heard a challenge to SOX, and ruled that even though the plaintiffs were not employees of the publicly traded company, the SOX whistleblower statute applied to them. The reason? They suffered retaliation for reporting alleged fraud involving financial reporting of a publicly-traded company.
Here’s what the law now says:
SOX covers employees of a public company’s private contractors and subcontractors.
SOX covers privately-owned companies if they provide services for publicly-traded ones. Answer:
Explanation:
Answer:A bill is proposed legislation under consideration by a legislature. ... Once a bill has been enacted into law, it is called an act of the legislature, or a statute.
Explanation:
Answer:
Humans impact the physical environment in many ways: overpopulation, pollution, burning fossil fuels, and deforestation. Changes like these have triggered climate change, soil erosion, poor air quality, and undrinkable water.
Explanation:
The environmental sciences have documented large and worrisome changes in earth systems, from climate change and loss of biodiversity, to changes in hydrological and nutrient cycles and depletion of natural resources. These global environmental changes have potentially large negative consequences for future human well-being, and raise questions about whether global civilization is on a sustainable path or is “consuming too much” by depleting vital natural capital
