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SEC paying $580,000 to settle suit by former assistant inspector general claiming retaliation

WASHINGTON - The Securities and Exchange Commission is paying $580,000 to settle a lawsuit by a former assistant SEC inspector general who accused the agency of firing him in retaliation for bringing possible misconduct to light.

Ex-SEC investigator settles whistleblower retaliation lawsuit

By Sarah N. Lynch WASHINGTON (Reuters) - A former internal investigator at the Securities and Exchange Commission who claimed he was fired for trying to blow the whistle on possible misconduct has reached a $580,000 settlement with the SEC, his lawyer said on Monday. David Weber, the SEC's former assistant inspector general, filed a lawsuit against the agency last November following his October 31 termination.
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