In the first enforcement action of its kind, the U.S. Securities and Exchange Commission on Wednesday struck a blow for whistleblowers by charging government contractor KBR with potentially discouraging workers from reporting securities law violations. The engineering and construction services company has agreed to pay a $130,000 penalty to settle allegations that language in a confidentiality agreement was improperly restrictive under the whistleblower protections of the Dodd-Frank Act.
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