financetom
Business
financetom
/
Business
/
US SEC hits 7 public companies with penalties for violating whistleblower protections
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US SEC hits 7 public companies with penalties for violating whistleblower protections
Sep 9, 2024 8:39 AM

NEW YORK (Reuters) - Seven public companies agreed to pay a combined $3 million to settle U.S. Securities and Exchange Commission charges they violated whistleblower protections, the regulator said on Monday.

TransUnion ( TRU ) agreed to pay $312,000 and Acadia Healthcare Company ( ACHC ) will pay $1.39 million in connection with the settlements the SEC disclosed on Monday.

The firms were each charged in connection with employment, separation or other agreements that violated a rule that prohibits any actions to impede individuals communicating with the regulator directly about possible violations of securities laws, the SEC said in its statement.

They have all worked toward remediation, including changing the agreements at issue, the SEC said.

The other penalties were as follows:

* a.k.a. Brands Holding Corp. agreed to pay a $399,750 civilpenalty * AppFolio Inc. agreed to pay a $692,250 civil penalty * IDEX Corporation ( IEX ) agreed to pay a $75,000 civil penalty * LSB Industries ( LXU ) agreed to pay a $156,000 civil penalty * Smart for Life Inc. ( SMFL ) agreed to pay a $19,500 civil penalty

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Gatekeeper Systems Raising $10 Million in a Bought-Deal Private Placement of Shares
Gatekeeper Systems Raising $10 Million in a Bought-Deal Private Placement of Shares
Jul 14, 2025
04:42 PM EDT, 07/14/2025 (MT Newswires) -- Gatekeeper Systems ( GKPRF ) on Monday said it is raising $10 million in a bought-deal private placement of shares. The company, which offers video and data solutions for public transit, said it is selling an underwriting syndicate 8.34-million shares priced at $1.20 each. It also granted the syndicate a 15% over-allotment option....
HA Sustainable Infrastructure Capital Names Nitya Gopalakrishnan Chief Operating Officer
HA Sustainable Infrastructure Capital Names Nitya Gopalakrishnan Chief Operating Officer
Jul 14, 2025
04:40 PM EDT, 07/14/2025 (MT Newswires) -- HA Sustainable Infrastructure Capital ( HASI ) , an investor in sustainable infrastructure assets, said late Monday it appointed Nitya Gopalakrishnan as its chief operating officer. Gopalakrishnan brings 25 years of experience from BlackRock (BLK), where she held multiple roles centered on business transformation, platform modernization, and large-scale systems integration. Most recently, she...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Exxon Mobil Stock Is Falling: What's Going On?
Exxon Mobil Stock Is Falling: What's Going On?
Jul 14, 2025
Exxon Mobil Corp ( XOM ) shares fell Monday afternoon as broader market sentiment wavers following President Donald Trump’s announcement of a 30% tariff on all imports from the European Union and Mexico, effective Aug. 1. This news, coupled with inflation concerns ahead of Tuesday’s CPI release, is impacting investor confidence across sectors, with energy stocks particularly lagging. What To...
Copyright 2023-2026 - www.financetom.com All Rights Reserved