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
Keeping its promise announced last year, the Securities and Exchange Commission on April 1, 2015, released a cease-and-desist order ("Order") declaring illegal a publicly traded company's use of a confidentiality agreement...more