DAMAGES AND OTHER REMEDIES
[Last Updated March 18, 2007]
FEDERAL COURT DECISIONS
PUNITIVE DAMAGES NOT AVAILABLE UNDER SOX
Punitive damages are not available under the whistleblower provision of the Sarbanes-Oxley Act. Hanna v. WCI Communities, Inc. , No. 04-80595-CIV (S.D. Fla. Dec. 2, 2004).
PUNITIVE DAMAGES NOT AVAILABLE
In Murray v. TXU Corp. , 2005-WL-1356444 (N.D.Tex. June 7, 2005), the district court held that the remedies portion of the SOX whistleblower provision at 18 U.S.C. § 1514A does not provide for punitive damages.