North America developments and rulings on restricting whistleblowers actions.
SEC says NeuStar tried to impede whistleblowing.
The Securities and Exchange Commission fined a Virginia-based technology company $180,000 Monday for using severance agreements that impeded former employees from communicating information to the SEC.
The SEC said NeuStar Inc. routinely put language in severance agreements forbidding departing employees from sending regulators “any communication that disparages, denigrates, maligns or impugns” the company.
The employees could forfeit all but $100 of their severance pay for breaching the clause.