Title
SEC Announces Two Enforcement Actions Regarding Restrictive Language in Severance Agreements
Client Memorandum
Created date
12/22/2016
The SEC issued two orders concerning violations of Exchange Act Rule 21F-17 this week. On December 19, the Commission issued an order concerning NeuStar Inc., a technology company based in Virginia, and on December 20 it issued an order for SandRidge Energy Inc., an oil-and-gas company based in Oklahoma City. In an interview with the Wall Street Journal, the Chief of the SEC's Office of the Whistleblower stated, “This is going to remain a focus for my office in 2017 and I expect you will see additional cases brought under this authority.”
Related Professionals
Related Practices
Related Offices