Dodd-Frank Act • Sarbanes-Oxley Act • Publicly Traded Companies • Accounting Firm

Reyher v. Grant Thornton, LLP, PICS Case No. 17-1196 (E.D. Pa. July 6, 2017) Brody, J. (15 pages).

Terminated CPA failed to state a claim under §922 of the Dodd-Frank act when she alleged she was terminated for reporting accounting irregularities and inaccurate tax information documents because she did not adequately plead that she engaged in protected conduct under the Sarbanes-Oxley act since she did not assert that the fraud she reported had any effect on her former employer’s public company clients. Motion to dismiss granted.

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