DAMAGED REPUTATION: SinoPac Financial Holdings said it would consider dropping legal action against former SinoPac Securities Ltd chief financial officer Melody Wang

Taipei Times
Date: Dec 02, 2017
By: Ted Chen  /  Staff reporter

SinoPac Financial Holdings Co (永豐金控) yesterday said that it would resolve a dispute with a former executive, as regulators bolster whistle-blower protection rules.

The company has not ruled out resolving the dispute with former SinoPac Securities Ltd (永豐金證券) chief financial officer Melody Wang (王幗英), SinoPac Financial president Chen Chia-hsien (陳嘉賢) told reporters at an earnings conference in Taipei.

The company would consider dropping legal action against Wang and efforts to seek reparation if she would agree to certain conditions, Chen said, declining to comment further on the ongoing court case.    [FULL  STORY]