SEC Settles Whistleblower Retaliation Charge
On June 16th, the Securities and Exchange Commission filed (and settled) its first Dodd-Frank whistleblower anti-retaliation claim. While employers should be aware of the new enforcement action taken by the SEC, the allegations show that even the most sophisticated employer can engage in very questionable behavior.
According to the SEC Settlement Order, which can be found here, Paradigm Capital Management, Inc., a registered investment adviser,...
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