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An Employee Who Is Involved in Preparing Her Employer's SEC

Question 11

Multiple Choice

An employee who is involved in preparing her employer's SEC filings informed the SEC that a footnote disclosure in the company's filings was misleading and untruthful.The company's employment manual clearly states that "communications with federal or state law enforcement authorities is strictly forbidden without first obtaining the written consent of the company's General Counsel Office." This employee never did so.The employer:


A) Has the right to terminate the employee under the "employment at will" doctrine, assuming that the employee did not have a binding contract for a fixed duration
B) Has the right to terminate the employee under the "employment at will" doctrine" under all circumstances
C) Has the right to terminate the employee due to the employee's breach of contract
D) Wrongfully terminated the employee

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