- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2024-03-28T12:22:00
The Department of Labor (DOL) ordered Tennessee-based Tuff Torq Corp. to pay nearly $1.8 million over alleged child labor violations.
The DOL’s Office of the Solicitor secured a federal consent judgment mandating the power equipment manufacturing company cease its illegal employment of children, adhere to federal child labor laws, and pay a nearly $300,000 penalty and $1.5 million in disgorgement, the agency announced in a press release Monday.
The action, filed in U.S. District Court for the Eastern District of Tennessee on Friday, addressed Tuff Torq’s employment of 10 children subjected to oppressive child labor, the DOL said. Tuff Torq supplies major companies including John Deere, Toro, and Yamaha.
2024-05-31T18:41:00Z By Aaron Nicodemus
The Department of Labor sued three Alabama businesses, including a Hyundai Motor manufacturing plant, for employing a 13-year-old worker on an auto parts assembly line.
2024-03-18T13:20:00Z By Aaron Nicodemus and Adrianne Appel
Rooting out potential child or forced labor violations in your company’s supply chain can have benefits beyond protecting reputation and being ethically sound. The process can also help your firm comply with pending child labor laws in other jurisdictions.
2024-03-12T16:56:00Z By Adrianne Appel
The Department of Labor has stepped up its enforcement of child labor law amid a concerning rise in child labor exploitation, yet the agency acknowledges its resources are not great enough to be a significant deterrent for such misconduct.
2025-07-08T19:50:00Z By Aaron Nicodemus
Federal banking regulators have laid the blame for Discover Financial Services charging merchants $1 billion in excessive credit card fees over 17 years squarely at the feet of company executives.
2025-07-07T19:02:00Z By Aaron Nicodemus
The Consumer Financial Protection Bureau has dropped a $95 million enforcement action against Navy Federal Credit Union, the latest regulatory pullback by the agency under President Donald Trump.
2025-07-07T17:45:00Z By Neil Hodge
The UK’s financial regulator has had a rough ride over the past couple of years as its strategy to “name and shame” firms it opened investigations into was widely slammed by the industry and lawmakers over concerns that companies could be unfairly maligned.
Site powered by Webvision Cloud