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Wednesday, December 24, 2014

Senators Present New Whistleblower Law for Auto Industry

Sen. John Thune and Sen. Bill Nelson recently presented a new piece of legislation that will protect the rights of whistleblowers within the auto industry, and offer them the potential to be paid millions of dollars in rewards for particular types of cases. The new bill would give the secretary of transportation the ability to award auto industry whistleblowers up to 30 percent of the monetary penalties resulting from DoT or department of justice actions of more than $1 million, a similar structure to the existing rewards program run by the U.S. Securities and Exchange Commission .



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