SEC Announces Settlements with Seven Companies for Whistleblower Rule Violations

Reported about 1 month ago

The Securities and Exchange Commission (SEC) has settled with seven companies, imposing over $3 million in civil penalties for violating whistleblower protection rules. The charges included requiring employees to waive their rights to monetary awards for reporting misconduct. Notable companies involved include Acadia Healthcare, with penalties of approximately $1.4 million, and TransUnion, which stated it is making changes to better inform employees about their rights.

Source: YAHOO

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