The Securities and Exchange Commission announced on September 28, 2016 that Anheuser-Busch InBev agreed to pay $6 million to settle charges that the company violated the Foreign Corrupt Practices Act (FCPA) and attempted to silence a whistleblower who reported the misconduct. An SEC investigation found that the company used third-party…
Atlanta-based building products distributor BlueLinx Inc. is settling charges that it violated an important whistleblower protection rule by using severance agreements that required departing employees to waive their rights to monetary recovery should they file a charge or complaint with the Securities and Exchange Commission (the “SEC”) or other federal…
The Securities and Exchange Commission (“SEC”) has taken the side of the whistleblower in a dispute against mutual fund giant Vanguard Group. The SEC filed a brief on March 28, 2016 in support of David Danon, a former lawyer at the Pennsylvania-based money manager who said Vanguard terminated him because…