The SEC continues to review non-disclosure agreements and other confidential business information provisions of publicly traded companies to ensure whistleblowers are not restricted from freely communicating with the agency...more
10/18/2023
/ Cease and Desist Orders ,
Civil Monetary Penalty ,
Confidential Information ,
Employees ,
Employer Liability Issues ,
Employment Contract ,
Enforcement Actions ,
Enforcement Guidance ,
Non-Disclosure Agreement ,
Publicly-Traded Companies ,
Restrictive Covenants ,
Rule 21F-17 ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Securities Violations ,
Separation Agreement ,
Whistleblowers
The following scenario is more common—and more troubling—than ever before. A high ranking employee who has signed an agreement to preserve the confidentiality of business plans, financial information, and trade secrets...more
5/15/2018
/ Confidential Information ,
Defend Trade Secrets Act (DTSA) ,
Employer Liability Issues ,
Former Employee ,
Intellectual Property Protection ,
Misappropriation ,
Non-Disclosure Agreement ,
Qui Tam ,
Risk Management ,
Trade Secrets ,
Whistleblowers
On August 10, 2016, the U.S. Securities and Exchange Commission issued a cease-and-desist Order and imposed remedial sanctions against a publicly traded company for including language in its severance agreements requiring...more
8/12/2016
/ Cease and Desist ,
Civil Monetary Penalty ,
Confidential Information ,
Corporate Counsel ,
KBR (formerly Kellogg Brown & Root) ,
Publicly-Traded Companies ,
Sanctions ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Severance Agreements ,
Waivers ,
Whistleblower Awards ,
Whistleblower Protection Policies ,
Whistleblowers