CBRE unit fined $375K over violating whistleblower protections

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A Dallas-based commercial real estate services and investment firm agreed to pay $375,000 to settle allegations by the Securities and Exchange Commission (SEC) that its separation agreements violated whistleblower protections.

CBRE, a subsidiary of publicly traded CBRE Group, agreed to cease and desist from further violations in reaching settlement, the SEC announced in a press release Tuesday.

The agency acknowledged CBRE’s cooperation and remediation in the case, including communicating with more than 800 employees who signed the agreements.

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