Back in August, when an appeals court sided with construction giant AECOM Technology Corp. in a suit brought by a former employee, the news didn’t generate much in the way of headlines. But as a flurry of law firm memos pointed out at the time, the decision was significant. Although the U.S. Court of Appeals for the Second Circuit tossed the ex-employee’s lawsuit, the panel also adopted a much more lenient standard for evaluating Sarbanes-Oxley whistleblower claims.
Now that ruling has made a mark on another SOX whistleblower case, and this time the defendant, JPMorgan Chase & Co., isn’t off the hook.
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