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Sarbanes-Oxley Whistleblower Action Against Nektar Therapeutics

Sarbanes-Oxley Whistleblower Action Against Nektar Therapeutics

by Rick Turoczy on October 3, 2006

A Sarbanes-Oxley (“SOX”) whistleblower action has been filed with the Department of Labor on behalf of a former employee of Nektar Therapeutics, Inc. (NASDAQ: NKTR), Ellen Leznik, against that company. The case is pending in the Office of Administrative Law Judges at the United States Department of Labor.

This action charges that Leznik, then Senior Corporate Counsel at Nektar Therapeutics, engaged in protected activity by reporting to the company’s management various violations of federal securities laws and internal control procedures and ultimately suffered adverse action by Nektar (termination), triggering the SOX whistleblower shield.

Sarbanes-Oxley Whistleblower Action Against Nektar Therapeutics

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