NEW YORK, Sept 9 (Askume) – Seven publicly traded companies have agreed to pay a total of $3 million to settle allegations of security breaches by whistleblowers, the U.S. Securities and Exchange Commission said on Monday.
The U.S. Securities and Exchange Commission revealed on Monday that TransUnion (TRU.N) has agreed to pay $312,000 and Acadia Healthcare Co (ACHC.O) will pay $1.39 million.
The companies were charged over employment, separation or other agreements that violated rules that require individuals to communicate directly with regulators about potential violations of securities laws, the SEC said in a statement.
All these agencies are committed to reforms, including changes to the relevant agreements, the SEC said.
TransUnion said in a statement that it has cooperated with the SEC’s investigation and has made voluntary changes to ensure employees understand their rights and responsibilities.
It added, “The SEC’s involvement in this matter demonstrates what good regulatory oversight should look like.”
Representatives for the other companies did not immediately respond to requests for comment.
The other punishments are as follows:
