SEC Settles Ex-Official's Wrongful Termination Suit

Law360, New York (June 10, 2013, 2:02 PM EDT) -- The U.S. Securities and Exchange Commission will pay $580,000 to settle claims in Washington federal court that it fired a former official turned attorney for revealing alleged wrongdoing by the commission and in response to accusations that he wanted to carry a firearm at work.  

David P. Weber has cleared his record after nearly a year of fighting his termination as the former SEC assistant inspector general for investigations, his attorney announced Monday. The sum was pared down from Weber's initial demand of $40 million in...
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