SEC Targets Informant Retaliation
- October 18, 2012 by Qui Tam
- Federal False Claims Act
Companies that retaliate against whistleblowers may have to answer to the Securities and Exchange Commission.
Sean McKessy, chief of the SEC’s Whistleblower Office said last week that his office is “actively on the lookout…for some of the more aggressive” treatment of whistleblowers, according to BNA. McKessy said the SEC is “paying a lot of attention to” employment and severance agreements that might discourage whistleblowers from coming forward.
The agency has legal authority to bring anti-retaliation cases.