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Reader, fwd: Press Release - "National Whistleblowers Center: SEC Sanctions Federal Contractor for Illegal Non-Disclosures Agreements"
Posted By: hobie Date: Thursday, 2-Apr-2015 02:43:36
www.rumormill.news/14082
(Thanks, N. :)
Reader N. forwards to us:
=====
National Whistleblowers Center P.O. Box 25074 Washington, D.C. 20027 http://www.whistleblowers.org FOR MORE INFORMATION, CONTACT: Mary Jane Wilmoth Paul Lyons (202) 342-1902 mjw@whistleblowers.org pl@kkc.com FOR IMMEDIATE RELEASE Press Alert: SEC Sanctions KBR for Illegal Non-Disclosure Agreement SEC Investigation into overly restrictive non-disclosure agreements was triggered by complaint filed by former KBR Contractor Harry Barko Washington, D.C. , 2015. April 1, 2015. Today the U.S. Securities and Exchange Commission sanctioned defense contractor KBR for requiring its employees to sign restrictive non-disclosure agreements that prohibited employees from properly reporting fraud and misconduct to appropriate regulatory authorities. A copy of the SEC release on this matter, and the enforcement action are attached. The SEC investigation was triggered by a complaint filed by Kohn Kohn & Colapinto on behalf of a former KBR employee, Mr. Harry Barko. A copy of the February 19, 2014 complaint is linked. Mr. Barko’s attorney, Stephen M. Kohn, issued the following statement: “This is an historic day for whistleblowers. Corporations have a history of silencing employees by forcing them to sign highly restrictive non-disclosure agreements. Today’s action by the SEC signals the advancement of nation-wide corporate reform. Transparency has triumphed over censorship.”
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