International Game Tech (IGT), U.S. SEC Enter Settlement Over Alleged Whistleblower Anti-Retaliation Provisions Violations

September 30, 2016 6:46 AM EDT

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International Game Technology PLC (NYSE: IGT) announced that it has entered into a settlement with the U.S. Securities and Exchange Commission ("SEC") with respect to an alleged violation of the whistleblower anti-retaliation provisions in the Securities Exchange Act of 1934 that occurred at legacy IGT prior to its acquisition by GTECH S.p.A.

In agreeing to the settlement, IGT neither admits nor denies the SEC's allegations that legacy IGT improperly retaliated against a whistleblower. The SEC did not allege any violations relating to the subject of the whistleblower's initial complaint.

IGT has agreed to pay the SEC $500,000 under the terms of the settlement.

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