Stopping Corporate Fraud

Californians have first-hand experience with the kind of corporate fraud committed by Enron and other companies that nearly bankrupted our state. Assemblyman Yee has been a strong voice to make corporations liable for the actions and encourage and protect employees when they blow the whistle on fraud and abuse.

  • Corporate Liability.
    Supported law which makes a corporation liable for civil penalties of up to $1 million if it had knowledge of illegal acts and failed to notify shareholders and the attorney general or appropriate government agency.

  • Whistleblower Protection.
    Helped expand protections for whistleblowers and increased the kinds of whistleblower activities that are protected

  • Penalties for Employer Retaliation.
    Toughened penalties for employer retaliation against whistleblowers

  • Limiting Corporate Lawsuits.
    Voted to limit lawsuits filed by large corporations against residents who are exercising First Amendment rights to sue large corporations regarding their behavior