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Overview
On February 6, 2017, a federal jury awarded Bio-Rad’s former general counsel Sanford Wadler $8 million in damages based on his allegation that the company retaliated against him for reporting FCPA violations. Wadler v. Bio-Rad Labs, Inc., No. 15-CV-02356 (N.D. Cal.).
Please join Kenneth P. Herzinger, partner and vice-chair of Orrick, Herrington & Sutcliffe, LLP’s White Collar, Investigations, Securities Litigation & Compliance Practice Group, for a one-hour discussion of the Bio-Rad decision and its implications for attorney-client communications, whistleblower retaliation claims, and SEC whistleblower reports and bounty claims. The One Hour Briefing will cover:
- An overview of Sarbanes-Oxley and Dodd-Frank whistleblower claims
- The SEC’s up-the-ladder reporting and whistleblower bounty provisions
- A discussion of the Bio-Rad case, including the rulings permitting the use of attorney-client information and the trial
- Implications for corporate attorney-client communications, and the use of privileged information in whistleblower retaliation claims and SEC whistleblower claims