Hi there! I’m Natalie Anne Lipnicki-Stuart, and welcome back to my blog. After speaking with an FCPA whistleblower lawyer, I decided to write a blog post on whistleblowing. This is an important topic, as it could affect anyone.
When you see your employer acting fishy, they might be up to something. Perhaps your employer’s behavior is criminal, and you should know that blowing the whistle helps everyone. When businesses get away with fraud or criminal schemes, they hurt the economy and the government. This affects all of our lives in the end.
It’s important to blow the whistle on an employer that is up to no good, but how do you know when to blow the whistle, and what is whistleblowing anyway?
Understanding What “Whistleblowing” Is
Whistleblowing is when someone reveals unethical and/or illegal behavior that companies are engaging in. The most common whistleblowers are people who were once employees of a company or who are currently employees. However, others who have knowledge of a company’s behaviors and activities can also blow the whistle.
The illegal/unethical behavior can be reported to superiors in the company or to outside law enforcement, media, or legal professionals.
What Does Whistleblowing Do?
It’s obviously important to expose behaviors that are unethical or illegal because these behaviors are harmful overall. Not only can it be harmful for the company and the employees of the company, but many others can be impacted as well.
The company can be destroyed by unethical or criminal behavior. The company could lose clients and lose business, and they might even be put out of business.
How to Know When to Blow the Whistle
It’s not always easy to know whether certain behaviors are illegal or not. You might suspect something crooked is going on, but you may not be sure. So, should you blow the whistle or not? You can always talk to outside counsel, such as a lawyer, to get advice on what you should do.
You can also send in a tip to the U.S. Securities and Exchange Commission (SEC) along with any evidence you have that something might be happening, and they can investigate the situation. You don’t have to investigate or prove the criminal activity; you just have to report it.
Get Answers to Your Legal Questions
I’m Natalie, and I’m here to help you deal with legal issues that you have questions about. Legal studies should be for everyone—not just for lawyers.