Over the past several months, the U.S. Securities and Exchange Commission (“SEC”) has concluded several aggressive enforcement actions related to supposed violations of Rule 21F-17.
On November 17, 2023, New York Governor Kathy Hochul signed a new law that further limits the terms employers may include in release agreements relating to claims of harassment, discrimination.
negotiations. okay. thank you so much for the reporting there in atlanta. victor? what happens now? let s bring in former assistant u.s. attorney for the southern district of new york elie honig. all right. so as was mentioned, some of the 19; they now have these agreements in place. what does that mean? walk us through it. so 5 of the 19 now have agreements in place. these are agreements to be clear between the d.a. and the individual defendants that have now been signed off by the judge. there s two components to each of these release agreements. the first of it is a cash bond. donald trump has agreed to a $200,000 kcash bond. he doesn t have to write a check for $200,000. that s just in case he doesn t show. ray smith, $50,000. scott hall $10,000. expect to hear about more of these agreements being reached throughout the day. now, the second part of these bail release agreements, which are i think more complicated mere, restrictions on communications. the judge has entered an