High Court to Hear Fidelity Whistleblower Case

In a case involving whistleblowers at Fidelity Investments, the U.S. Supreme Court on Monday agreed to consider whether mutual fund employees are subject to the same whistleblower protections as those who work for publicly traded companies.

Two Fidelity whistleblowers asked the court to decide whether the Sarbanes-Oxley Act provision that prevents employers from retaliating against whistleblowers applies to private companies serving under contract as advisers to public companies.