The Cycle

Alcoa reinforces policies to employees after Devlin charges

How are companies responding to revelations that the husband of a Brunswick Group partner has been charged with insider trading by the Securities and Exchange Commission and federal prosecutors?

Alcoa, for one, is reiterating its policies to employees and making communications and legal personnel available to answer questions, Kevin Lowery, director of corporate communications, told PRWeek. He added that employees take ethics and compliance training sessions multiple times a year.

“We have a very, very rigid system here, and our employees know it full well,” he said.

Alcoa was once a Brunswick client, but that relationship ended well before federal prosecutors charged Matthew Devlin, Lowery said.

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