- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2023-09-08T20:14:00
Privately held energy and technology company Monolith Resources agreed to pay $225,000 to settle charges by the Securities and Exchange Commission (SEC) it used employee separation agreements that violated whistleblower protection rules.
Monolith agreed to cease and desist from further violations in reaching settlement, the SEC announced in a press release Friday. The agency acknowledged the company’s remedial actions, including its notifying former employees who signed the separation agreements.
From February 2020 to March, Monolith required certain departing employees to waive their rights to monetary whistleblower awards when signing separation agreements, the SEC alleged in its order.
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2023-10-31T12:55:00Z By Aaron Nicodemus
Recent enforcement cases brought by the Securities and Exchange Commission regarding apparent violations of its whistleblower protection rule are proof the agency is taking compliance with the rule “very seriously,” said Enforcement Director Gurbir Grewal.
2023-09-29T18:30:00Z By Aly McDevitt
New York-based investment adviser D. E. Shaw & Co. will pay a $10 million penalty to settle charges brought by the Securities and Exchange Commission that the company raised impediments to whistleblowing by employees.
2023-09-19T16:35:00Z By Jeff Dale
Commercial real estate services and investment firm CBRE agreed to pay $375,000 to settle allegations by the Securities and Exchange Commission that its separation agreements violated whistleblower protections.
2025-03-27T13:11:00Z By Jeff Dale
The U.K. Financial Reporting Council issued penalties against PwC and a former auditor over deficiencies on work related to the 2019 financial statements of now shuttered Wyelands Bank.
2025-03-27T12:49:00Z By Aaron Nicodemus
Yet another government contractor has been slapped with a fine by the Department of Justice for applying lax cybersecurity defenses on sensitive government data.
2025-03-26T18:48:00Z By Oscar Gonzalez
The European Commission released its preliminary findings last week regarding Apple and Google not complying with the Digital Markets Act. It issued orders to both companies regarding their business practice and plans to release all of its findings next week.
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