By Chris Prentice
NEW YORK (Reuters) -Seven public firms agreed to pay a mixed $3 million to settle U.S. Securities and Change Fee fees they violated whistleblower protections, the regulator stated on Monday.
TransUnion (NYSE:) agreed to pay $312,000 and Acadia Healthcare (NASDAQ:) Firm pays $1.39 million in reference to the settlements the SEC disclosed on Monday.
The companies had been every charged in reference to employment, separation or different agreements that violated a rule that prohibits any actions to impede people speaking with the regulator immediately about doable violations of securities legal guidelines, the SEC stated in its assertion.
They’ve all labored towards remediation, together with altering the agreements at difficulty, the SEC stated.
TransUnion stated in an announcement that the agency cooperated with the SEC’s inquiry and is voluntarily making modifications to make sure staff perceive their rights and duties.
“The SEC’s engagement on this matter displays what good regulatory supervision can seem like,” it stated.
Representatives for the opposite firms didn’t reply instantly to requests for remark.
The opposite penalties had been as follows: * a.ok.a. Manufacturers Holding Corp agreed to pay a $399,750 civilpenalty * AppFolio Inc (NASDAQ:) . agreed to pay a $692,250 civil penalty * IDEX (NYSE:) Corp agreed to pay a $75,000 civil penalty * LSB Industries agreed to pay a $156,000 civil penalty * Good for Life Inc agreed to pay a $19,500 civil penalty