We have alerted you on two prior occasions regarding the Securities and Exchange Commission (SEC) imposing substantial fines and other penalties based solely on “boilerplate” language commonly found in corporate severance...more
In August 2016, we highlighted that companies may want to review the content of their standard severance agreements, settlement agreements, confidentiality agreements and similar documents in light of an unprecedented...more
1/6/2017
/ Confidentiality Agreements ,
Department of Labor (DOL) ,
Employment Contract ,
Equal Employment Opportunity Commission (EEOC) ,
Non-Disparagement Provisions ,
Securities and Exchange Commission (SEC) ,
Separation Agreement ,
Settlement Agreements ,
Severance Agreements ,
Waiver of Rights ,
Whistleblower Awards
Many employers offer severance agreements to departing employees which, at least in part, are designed to protect the employer from disclosures of confidential information and from any future claims or recovery by the...more
8/22/2016
/ Cease and Desist ,
Confidentiality Agreements ,
Dodd-Frank ,
Enforcement Actions ,
Fines ,
Health Net ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Severance Agreements ,
Waivers ,
Whistleblower Awards ,
Whistleblowers