We circle back with the Audit Committee of the board to ensure that they have a system for concerned employees and other stakeholders to report their concerns confidentially and without fear of prejudice.
Section 301 of the Sarbanes-Oxley states:
"(4) COMPLAINTS- Each audit committee shall establish procedures for--
(A) the receipt, retention, and treatment of complaints received by the issuer regarding accounting, internal accounting controls, or auditing matters; and
(B) the confidential, anonymous submission by employees of the issuer of concerns regarding questionable accounting or auditing matters."
Section 806 states:
"No company with a class of securities registered under section 12 of the Securities Exchange Act may discharge, demote, suspend, threaten, harass, or in any other manner discriminate against an employee in the terms and conditions of employment because of any lawful act done by the employee to provide information regarding any conduct which the...