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Whistleblower sues FedEx for retaliation under Sarbanes-Oxley
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<blockquote data-quote="soxwatch" data-source="post: 962927" data-attributes="member: 41135"><p><span style="color: #000000"><span style="font-family: 'arial'">Hix v. FedEx Corporation, et al.; Case No. 3:2012cv03050; Cause No. </span></span><span style="color: #000000"><span style="font-family: 'arial'">28:1391. Filed in U.S. District Court for the Western District of Arkansas.</span></span><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">Has to do with retaliation against an employee after reporting FedEx to the SEC, etc.</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">Link on justia.com: <a href="http://dockets.justia.com/docket/arkansas/arwdce/3:2012cv03050/39353/" target="_blank">Hix v. FedEx Corporation et al :: Justia Dockets & Filings</a></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">Excerpt from press release:</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">SUIT FILED AGAINST FEDEX CORP (FDX) AND SUBSIDIARIES</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">PURSUANT TO SARBANES-OXLEY / DODD-FRANK</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">ANTI-RETALIATION PROVISIONS</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">Federal suit alleges retaliation and harassment following protected disclosures to</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">U.S. Department of Justice and Securities Exchange Commission.</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">FAYETTEVILLE, AR – A former employee is suing FedEx Corporation (FDX), along with subsidiary</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">operating companies FedEx Freight and FedEx Corporate Services, claiming that several company</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">agents conducted a yearlong campaign of harassment against him, culminating in the termination of his</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">employment with FedEx Services in April 2011.</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">The suit alleges that the employee repeatedly raised concerns regarding deceptive schemes and</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">practices he believes the company is conducting, with the intent of defrauding shareholders. Following</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">disclosure of his concerns to FedEx management and law enforcement authorities, as mandated by</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">published FedEx policies and federal law, the employee says his direct supervisors, working in</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">collusion with FedEx employees and agents, harassed, defamed and retaliated against him in an effort</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">to discredit his claims, punish him financially and emotionally, and discourage any similar, future</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">disclosure activity on the part of other FedEx employees.</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">Anti-retaliation provisions contained in the Sarbanes-Oxley Act of 2002 and the Dodd-Frank Wall</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">Street Reform and Consumer Protection Act expressly prohibit retaliation against employees who</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">engage in protected activity, as defined by law.</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">Specifically, covered employers are prohibited from discharging, demoting, suspending, threatening,</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">harassing, directly or indirectly, or in any other matter discriminate against, a whistleblower in the</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">terms and conditions of employment because of any lawful act done by the whistleblower (i) in</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">providing information to the SEC; (ii) in initiating, testifying in, or assisting in any investigation or</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">judicial or administrative action of the Commission based upon or related to such information; or</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">(iii) in making disclosures that are required or protected under the Sarbanes-Oxley Act of 2002 (15</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">U.S.C. 7201 et seq.), the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.), including section</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">10A(m) of such Act (15 U.S.C. 78f(m)), section 1513(e) of title 18, United States Code, and any other</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">law, rule, or regulation subject to the jurisdiction of the Commission.</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">Among the claims at issue in the suit, the former employee alleges that a number of FedEx business</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">practices were intentionally designed to artificially manipulate key financial metrics, thereby affecting</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">the value of company stock.</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">The style of the lawsuit is Hix v. FedEx Corporation, et al.; Case No. 3:2012cv03050; Cause No.</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'">28:1391 United States District Court for the Western District of Arkansas, Harrison Division.</span></span></p><p><span style="color: #000000"><span style="font-family: 'arial'"></span></span></p></blockquote><p></p>
[QUOTE="soxwatch, post: 962927, member: 41135"] [COLOR=#000000][FONT=arial]Hix v. FedEx Corporation, et al.; Case No. 3:2012cv03050; Cause No. [/FONT][/COLOR][COLOR=#000000][FONT=arial]28:1391. Filed in U.S. District Court for the Western District of Arkansas.[/FONT][/COLOR][COLOR=#000000][FONT=arial] [/FONT][/COLOR] [COLOR=#000000][FONT=arial]Has to do with retaliation against an employee after reporting FedEx to the SEC, etc. Link on justia.com: [url=http://dockets.justia.com/docket/arkansas/arwdce/3:2012cv03050/39353/]Hix v. FedEx Corporation et al :: Justia Dockets & Filings[/url] Excerpt from press release: SUIT FILED AGAINST FEDEX CORP (FDX) AND SUBSIDIARIES PURSUANT TO SARBANES-OXLEY / DODD-FRANK ANTI-RETALIATION PROVISIONS Federal suit alleges retaliation and harassment following protected disclosures to U.S. Department of Justice and Securities Exchange Commission. FAYETTEVILLE, AR – A former employee is suing FedEx Corporation (FDX), along with subsidiary operating companies FedEx Freight and FedEx Corporate Services, claiming that several company agents conducted a yearlong campaign of harassment against him, culminating in the termination of his employment with FedEx Services in April 2011. The suit alleges that the employee repeatedly raised concerns regarding deceptive schemes and practices he believes the company is conducting, with the intent of defrauding shareholders. Following disclosure of his concerns to FedEx management and law enforcement authorities, as mandated by published FedEx policies and federal law, the employee says his direct supervisors, working in collusion with FedEx employees and agents, harassed, defamed and retaliated against him in an effort to discredit his claims, punish him financially and emotionally, and discourage any similar, future disclosure activity on the part of other FedEx employees. Anti-retaliation provisions contained in the Sarbanes-Oxley Act of 2002 and the Dodd-Frank Wall Street Reform and Consumer Protection Act expressly prohibit retaliation against employees who engage in protected activity, as defined by law. Specifically, covered employers are prohibited from discharging, demoting, suspending, threatening, harassing, directly or indirectly, or in any other matter discriminate against, a whistleblower in the terms and conditions of employment because of any lawful act done by the whistleblower (i) in providing information to the SEC; (ii) in initiating, testifying in, or assisting in any investigation or judicial or administrative action of the Commission based upon or related to such information; or (iii) in making disclosures that are required or protected under the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7201 et seq.), the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.), including section 10A(m) of such Act (15 U.S.C. 78f(m)), section 1513(e) of title 18, United States Code, and any other law, rule, or regulation subject to the jurisdiction of the Commission. Among the claims at issue in the suit, the former employee alleges that a number of FedEx business practices were intentionally designed to artificially manipulate key financial metrics, thereby affecting the value of company stock. The style of the lawsuit is Hix v. FedEx Corporation, et al.; Case No. 3:2012cv03050; Cause No. 28:1391 United States District Court for the Western District of Arkansas, Harrison Division. [/FONT][/COLOR] [/QUOTE]
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