U.S. SEC adopts executive compensation clawback rules

REUTERS

The U.S. Securities and Exchange Commission on Wednesday voted to adopt new rules that will require companies that restate their financials due to compliance lapses to claw back excess compensation from their executives. read more »

Honeywell to Pay $3.35 Million for Alleged False Claims for Zylon Bullet Proof Vests

DOJ

Honeywell International Inc. (Honeywell), headquartered in Charlotte, North Carolina, has agreed to pay $3.35 million to resolve allegations that it violated the False Claims Act by selling defective material for bullet proof vests used by law enforcement officers, the Justice Department announced today. read more »