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Expert Analysis

SEC Threats Don't Help In-House Bar Prevent Retaliation

Law360, New York ( April 4, 2014, 5:00 PM EDT) -- In recent months, the U.S. Securities and Exchange Commission has been threatening lawsuits against companies that retaliate against whistleblowers. Relying on authority provided by Dodd-Frank, Sean McKessy, chief of the SEC's Office of the Whistleblower, declared at industry conferences that his office will be targeting companies that have entered into severance agreements requiring, among other things, confidentiality from the departing employee in exchange for payment....

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