Sarbanes-Oxley Act
The Sarbanes-Oxley Act of 2002, Pub. L. No. 107-204, 116 Stat. 745 (July 30, 2002), is a United States federal law also known as the Public Company Accounting Reform and Investor Protection Act of 2002. It established a public company accounting oversight board to monitor corporate responsibility and protects employees of public companies who "blow the whistle" on securities law and other violations from retaliation. Section 806 of the Act (codified as 18 U.S.C. § 1514A) creates a right of civil action in federal court that protects whistleblowers against retaliation in securities fraud cases. Section 1107 (codified as 18 U.S.C. § 1513(e)) provides for criminal penalties of up to ten years in prison and a fine for retaliation against informants.
See also: Accounting whistleblower; Blowing whistle; Protection for whistleblowers; SOX whistleblower; Whistle-blower; Whistleblower; Whistleblower attorney; Whistleblower case; Whistleblower claim; Whistleblower fraud; Whistleblower law; Whistleblower lawyer; Whistleblower protection; Whistleblower retaliation; Whistleblower rights; Whistleblower shareholder; Whistleblowing