Companies Mentioned

Aetna, Inc.

Category
Title
Summary
Date
Commentaries
Securities Law

Guyden v. Aetna: SOX Whistleblower Claims Are Arbitrable
In Guyden v. Aetna, 544 F.3d 376 (2nd Cir. 2008) – a case of first impression in the federal circuit courts -- the Second Circuit confirmed that arbitration provisions are enforceable against an employee who claims that her termination violated the whistleblower protections of the Sarbanes-Oxley Act. The opinion confirms…
Posted:
12/31/2008
Summaries
Securities Law >
New Judicial Opinions

Whistleblower Claims Arbitrable under Sarbanes-Oxley Act, Second Circuit Says
In January 2004, Guyden joined Aetna as its Director of Internal Audit. Soon after starting, Guyden alleged that she discovered that Aetna’s Internal Audit Department was “ineffective, demoralized, and without independence or objectivity.” Opinion, p. 3. According to Guyden’s complaint, these problems were so serious that she believed that Aetna…
Date of ruling:
10/2/2008