- Reuters•8 days ago
For the second time in less than a week, U.S. securities regulators on Tuesday filed civil charges against a company for inserting language into its severance agreements that prevents outgoing employees from reaping the benefits of government whistleblower awards. The Securities and Exchange Commission said Health Net Inc will pay $340,000 to settle the charges without admitting or denying wrongdoing. A statement issued by the health insurer, which has since merged with Centene Corp, said that Centene was not a party to the issues at the heart of the SEC's case.
- American City Business Journals•13 days ago
The Securities and Exchange Commission has fined an Atlanta building products company $265,000 for requiring outgoing employees to give up rights in their severance agreements. The SEC said BlueLinx Holdings Inc. agreed to pay a $265,000 penalty to settle charges that it violated securities laws by using severance agreements that required outgoing employees to waive their rights to monetary recovery should they file a charge or complaint with the SEC or other federal agencies. According to the SEC’s order, BlueLinx added the monetary recovery prohibition to all of its severance agreements in mid-2013.
Bluelinx Holdings Inc. (BXC)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||6.41 x 500|
|Ask||11.39 x 500|
|Day's Range||8.72 - 9.06|
|52wk Range||3.00 - 9.70|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-5.31|
|Avg Vol (3m)||7,314|
|Dividend & Yield||0.00 (0.00%)|