News
David E. Morrison, a principal in the firm's Litigation and Labor & Employment groups, was quoted in "The Morning Risk Report: SEC Loses Supreme Court Whistleblower Ruling," published in the Feb. 22, 2018, edition of The Wall Street Journal.
The article concerns the recent unanimous Supreme Court ruling holding that individuals must report allegations of corporate wrongdoing to the Securities and Exchange Commission, not just internally to their companies, to qualify for key protections under the Dodd-Frank Act.
"When regulations conflict with the express language of the statute, the statute prevails."
Mr. Morrison recently litigated and won a similar issue in federal district court and before the Sixth Circuit Court of Appeals, where a central issue was whether the employee's report constituted "protected activity" under the relevant federal law.
Mr. Morrison said the Supreme Court ruling showed the agency expanded its authority beyond the statute. "When regulations conflict with the express language of the statute, the statute prevails," he's quoted as saying.
