News

Todd Lebowitz Article Discusses How Recent SEC Findings May Require Changes to Severance Agreement Language

News / August 23, 2016

A Client Alert authored by Partner Todd Lebowitz was reprinted on Aug. 23, 2016, by Global Banking & Finance Review. The article, “SEC Enforcement Actions May Require Changes to Severance Agreements,” examines recent orders by the Securities and Exchange Commission that deemed unlawful two standard severance clauses covering confidential information and prohibitions against receiving additional monetary awards. Lebowitz writes, “[P]ublic companies should review their severance agreements and modify or remove language that the SEC would find objectionable.”

Read the article.