All severance agreements articles

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    McDonald’s claws back $105M severance paid to disgraced former CEO


    McDonald’s has agreed to drop its lawsuit against disgraced former CEO Steve Easterbrook, who will return more than $105 million in equity and cash he received upon the termination of his employment in 2019.

  • Blog post

    SEC: BlackRock removed whistleblower incentives


    Without admitting or denying the findings, asset management BlackRock agreed to pay a $340,000 penalty to settle charges that it improperly used separation agreements in which exiting employees were forced to waive their ability to obtain whistleblower awards. Jaclyn Jaeger reports.

  • Blog post

    Health Net to pay $340K for whistleblower ‘pretaliation’


    The SEC reached a consent agreement with yet another company over allegations it violated securities laws for using severance agreements that required outgoing employees to waive their ability to obtain monetary awards from the Commission’s whistleblower program. Jaclyn Jaeger reports.