New York Regulatory Roundtable: Whistleblowing in the US and the UK: Key Steps to Protecting Your Business
Whistleblowing is big business in the US, with whistleblowers sometimes being awarded millions of dollars. The False Claims Act, Sarbanes-Oxley and the FCPA all have provisions addressing whistleblowing, with serious sanctions if not adhered to. In the UK, whistleblowers enjoy extensive employment protections and compensation for a successful claim is uncapped. However as some UK employment rights have diminished, resourceful employees are turning to whistle-blowing as an alternative means of claiming severance when things go sour at work and many smaller companies are finding themselves facing legal suits.
This round table is a must for US in-house lawyers, senior HR professionals and other executives tasked with handling whistleblower complaints arising in their company's US and UK operations. Topics include:
- What is the legal framework protecting whistleblowers in the US and the UK?
- Who counts as a whistleblower and how much can a whistleblower recover?
- What practical steps should businesses take to pre-empt claims?
- What should businesses do when an employee blows the whistle?
- Will European Data Protection rules impede any investigation?