Mohamed Salem El-Hadad Case8.13

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1. The SOA prohibits a publicly traded company or any agent of it from taking an adverse employment action against an employee who provides information, testifies, or “otherwise assists” in proceedings regarding (1) mail, wire, bank, or securities fraud, (2) any violations of an SEC rule or regulation or (3) any federal law protecting shareholders against fraud. The act sets forth the types of adverse employment actions that qualify for protection, specifically protecting employees from discharge, demotion, suspension, threats, harassment, failure to hire or rehire, blacklisting, or action otherwise discriminatory against employees in their terms and conditions of employment.

(Twomey & Jennings, pg. 901)

2. I think that U. S companies should integrate legal protections for internal whistleblowers into their internal control systems. Doing so will encourage the exospore of fraudulent and illegal activity. Otherwise individual will not come forward with pertinent information for fear of repercussion. 3. A few steps one could take to protect themselves from recriminations by their employer or other parties are: * Become knowledgeable of the laws that govern the land employed in. For example, obtain a working understanding of due process and all that it entails. * Document, Document, Document. Keep a file will all items that might pose a question in the future. For example, keep a copy of all expense reimbursement forms. 4. An ethical dilemma is a situation that an individual faces involving a decision about appropriate behavior. It generally involves a situation in which the welfare of one or more other individuals is affected by the results of the decision. A moral dilemma is a situation that an individual faces involving a decision about whether an act is ethical. El-Hadad faced an ethical dilemma when he discovered the fraud being perpetrated by his superior and friend. This is so because the person(s) El-Hadad expected of the...
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