The deals by Wells Fargo, AMD, and Fifth Third Bank were among a dozen such corporate settlements reached between 2012 and 2015 that were reviewed by Reuters. A Wells Fargo spokeswoman declined to comment, as did a spokesman for Advanced Micro Devices. Some of the other settlements did not contain such restrictions or did not involve publicly-traded companies covered by the SEC’s rules. In the deal, Wells Fargo denied that it took improper action. This line, some attorneys said, could run afoul of the SEC’s rules because the regulator prohibits companies from forcing employees to notify company attorneys about their communications with the government.

Source: Thanhnien News August 25, 2016 05:15 UTC