Survey Sees Less Misconduct but More Reporting and Retaliation
The Wall Street Journal (blog)
January 5, 2012
Jordan A. Thomas comments on whistleblowers' fear of retaliation.
Whether the perceived retaliation is real, Thomas said, it creates a negative experience reporting misconduct internally, and that will drive other potential informants reporting securities violations to exercise their rights under the Dodd-Frank Act to report first to the Securities and Exchange Commission.
"It's situations like Olympus that lead employees to not have confidence in internal reporting systems," said Thomas.