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SEC Opens up the Toolbox to File First Stand-alone Whistleblower Retaliation Case

September 29th, 2016 – The Securities and Exchange Commission announced that casino-gaming company  International Game Technology (IGT) has agreed to pay a half million-dollar penalty for firing an employee with several years of positive performance reviews because he reported to senior management and the SEC that the company’s financial statements might be distorted.

In its second whistleblower case retaliation case, the SEC found that the employee was removed from significant work assignments within weeks of raising concerns about the company’s cost accounting model he was terminated approximately three months later.

To read about this stand-alone whistle blower retaliation case, please visit:

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