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Update: TransUnion, 6 Other Public Companies Fined by SEC for Whistleblower Violations
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Update: TransUnion, 6 Other Public Companies Fined by SEC for Whistleblower Violations
Sep 9, 2024 9:03 PM

12:57 PM EDT, 09/09/2024 (MT Newswires) -- (Updates with Acadia Healthcare's ( ACHC ) response in the third paragraph.)

TransUnion ( TRU ) and six other public companies were fined by the US Securities and Exchange Commission to settle charges that they used employment, separation, and other agreements in violation of rules prohibiting actions to block whistleblowers from reporting potential misconduct, the regulator said Monday.

TransUnion ( TRU ) agreed to pay a $312,000 civil penalty, Acadia Healthcare ( ACHC ) agreed to pay about $1.4 million civil penalty, a.k.a. Brands Holding (AKA) agreed to pay a $399,750 civil penalty, AppFolio ( APPF ) agreed to pay a $692,250 civil penalty, IDEX ( IEX ) agreed to pay a $75,000 penalty, LSB Industries ( LXU ) agreed to pay a $156,000 civil penalty and Smart for Life ( SMFL ) agreed to pay a $19,500 civil penalty.

"Acadia Healthcare ( ACHC ) understands the importance of regulatory requirements and worked quickly to resolve this issue with the SEC," the company told MT Newswires.

Other companies didn't immediately reply to requests for comment from MT Newswires.

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