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TikTok shareholders who 'make any critical, adverse or disparaging statement' about the company risk having their entire holdings seized
A former TikTok employee has complained to regulators about the company allegedly retaliating against him for speaking out against its policies.
Five attorneys who practice shareholder law told Fortune that TikTok’s non-disparagement provision is unusual, but not illegal so long as it doesn’t prevent, intimidate, or punish employees for filing complaints with government agencies. On Wednesday, Ryan filed a complaint with California’s Department of Industrial Relations’ Retaliation Unit after TikTok failed to include him in its latest program to buy back shares from current and former employees at set prices. Ryan, who is now an attorney with his own tech law practice, hopes his complaint will attract the attention of California’s labor commissioner and trigger an investigation into TikTok, where he led parts of its security operations from March 2020 to June 2022.
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