That's right, we warned you that it was going to get ugly, and here it is. In-house lawyers for many of the biggest U.S. companies have written to the SEC that a proposal to pay large 'bounties' to whistleblowers will only end up encouraging employees to turn into bad apples.
December 16, 2010 at 12:00 AM
1 minute read
That’s right, we warned you that it was going to get ugly, and here it is.
In-house counsel for many of the biggest U.S. corporations have written to the Securities and Exchange Commission that a “bounty” payout plan in the Dodd-Frank financial reform bill to reward whistleblowers will only end up encouraging employees to turn into bad apples at companies across the country.
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