https://www.law.com/corpcounsel/2024/08/06/regulators-prowl-for-financial-firms-that-wield-ndas-to-muzzle-whistleblowers/
Credit: Nuthawut/Adobe StockANALYSIS
Nondisclosure agreements “send a message that reporting violations outside the company is wrong—this adds to the culture of silence the whistleblower laws are designed to prevent,” said Stephen Kohn, founding partner of Kohn, Kohn & Colapinto.
August 06, 2024 at 11:55 AM
4 minute read
By James Palmer |
August 06, 2024 at 11:55 AM
The Consumer Financial Protection Bureau has sent a warning to the financial services industry: You retaliate against a whistleblower, and you’re playing with fire.
That was the message the CFPB recently delivered in a circular for regulators and law enforcement agencies.
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