30.09.2016 13:03:42
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IGT Settles Pre-Merger Whistleblower Claim With SEC, To Pay $500K - Quick Facts
(RTTNews) - International Game Technology Plc (IGT) Friday announced that it has entered into a settlement with the U.S. Securities and Exchange Commission. IGT has agreed to pay the SEC $500 thousand under the terms of the settlement, which is related to an alleged violation of the whistleblower anti-retaliation provisions in the Securities Exchange Act of 1934 that occurred at legacy IGT prior to its acquisition by GTECH S.p.A.
In agreeing to the settlement, IGT neither admits nor denies the SEC's allegations that legacy IGT improperly retaliated against a whistleblower.
The SEC did not allege any violations relating to the subject of the whistleblower's initial complaint.
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