The SEC has agreed to pay $755,000 to settle the wrongful termination claim of Gary J. Aguirre, the Whistleblower Blog reports. Aguirre was the attorney who headed the SEC’s insider trading investigation of Pequot Capital Management until he was fired in September 2005.
A judge finalized the settlement today, which reportedly “equals Aguirre’s pay for four years and ten months (the elapsed period since his September 2005 discharge), plus his attorneys’ fees.” Aguirre agreed to dismiss two related cases against the SEC.
