SEC Bolsters Whistleblowers

(The Wall Street Journal, April 2, 2015) The SEC gave a boost to corporate whistleblowers, reaching the first settlement with a company accused of muzzling tipsters through restrictive employment agreements. Engineering and construction company firm KBR Inc. agreed to settle allegations that the company required witnesses in internal investigations to sign confidentiality agreements that could …

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Apple Says It Follows Tax Codes to the Letter

The Seattle Times, May 22, 2013 Apple CEO Tim Cook strongly defended the company’s tax practices in a Senate hearing highlighting their use of Irish subsidiaries to shelter billions of dollars of income from U.S. taxes. “We pay all the taxes we owe-every single dollar,” Cook told the Senate’s Permanent Subcommittee on Investigations. “We not …

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NewsNotables – Issue 81

Barclays’ Former CEO Blames Regulators Bob Diamond blames regulators in rate-fixing scandal (The Seattle Times, July 5, 2012) Fallen banking titan Bob Diamond, Barclays’ former CEO, described regulators on both sides of the Atlantic as “party complicit” in a scandal involving the manipulation of a key interbank lending rate, telling a British parliamentary committee that …

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