Less is more

30 January 2013 By Reynolds Holding Follow @holdingren

The EEOC filed far fewer claims last year than in 2011 but won record penalties. That’s a testament to basing enforcement on solid cases with broad impact. The securities regulator boasts of quantity but seems to be neglecting quality. That’s not as effective a deterrent.

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The U.S. Equal Employment Opportunity Commission recovered a record $365.4 million through discrimination claims last year while filing only 122 cases, down from 261 in 2011, according to a report issued on Jan. 29 by law firm Seyfarth Shaw. The higher recoveries are the result of the commission’s pursuit of broader cases targeting industries, occupations and geographic areas, the report said.
Meanwhile, the Securities and Exchange Commission filed 734 enforcement actions last year, one fewer than the record 735 filed in 2011.

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