SEC Fines Health Net $340,000 for Anti-Whistleblower Agreements
The Health Law Firm
AUGUST 31, 2016
By Miles Indest, J.D./M.B.A.; Law Clerk, The Health Law Firm On August 16, 2016, Health Net Inc. agreed to pay a $340,000 penalty to the United States Securities and Exchange Commission (SEC) for allegedly using severance agreements to restrict the rights of whistleblowers. The health insurance company paid the penalty without admitting or denying the SEC’s allegations.
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