The FTC has ruled previously that applying a material change in a privacy policy to information collected under a prior policy, without customer consent, constitutes an unfair or deceptive trade practice in violation of the FTC Act.
Citi's revised clawback policy recoups pay where executives are responsible for material financial or reputational harm, either through their own actions or in failing to supervise others.
"The material compiled by the Center suggests that the security of sensitive American policy deliberations and even the character of decisions affecting East-West economic and related ties could have been seriously compromised by an individual in the positions held by Mr. Bloch, " Gaffney said.
Although the 2004 law obligates claimant advocates not to omit material information, the Social Security Administration doesn't have a definitive policy about what should be submitted.
Wells Fargo's revised policy takes back unpaid compensation awards in the event of misconduct, material error, failure to supervise or in the event the company or an individual executive's business group has a material downturn in financial performance or failure of risk management.
Does this school district have an actual policy outlining the appropriate steps for suspending a teacher merely accused of reading obscene material without any proof whatsoever that this is the case?
But Labour have accused ministers of failing to "disclose crucial material information" to MPs about the impact on homelessness when they were asked to debate the cap policy.