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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2024-05-31T18:41:00
The Department of Labor (DOL) sued three Alabama businesses, including a Hyundai Motor manufacturing plant, for employing a 13-year-old worker on an auto parts assembly line.
The lawsuit, filed Thursday in U.S. District Court for the Middle District of Alabama, asked the court to prevent Hyundai Motor Manufacturing Alabama, as well parts supplier SMART Alabama and staffing agency Best Practice Service, from benefitting from the use of child labor.
The DOL alleged a 13-year-old girl recruited by Best Practice Service worked up to 50-60 hours a week on an assembly line at SMART Alabama, which manufactured parts for Hyundai. The complaint alleged the girl worked for six to seven months on a section of the SMART Alabama assembly line that formed sheets of metal into body parts for cars.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2024-03-28T12:22:00Z By Jeff Dale
The Department of Labor ordered Tennessee-based Tuff Torq Corp. to pay nearly $1.8 million over alleged child labor violations.
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.
2024-03-11T16:31:00Z By Aaron Nicodemus
The compliance community has not been spending time addressing a problem mistakenly thought to be a rarity: The proliferation of child labor violations occurring in the United States.
2025-01-14T19:58:00Z By Adrianne Appel
Capital One promised very high interest rates on millions of savings accounts but the bank didn’t deliver, losing customers more than $2 billion, the Consumer Financial Protection Bureau alleged.
2025-01-14T17:11:00Z By Aaron Nicodemus
Robinhood, a disruptive force in the market for Main Street investors but also a serial offender of securities laws, will pay a total of $45 million to settle numerous violations of SEC rules and regulations by two of its broker-dealers.
2025-01-13T17:32:00Z By Aaron Nicodemus
A broker-dealer subsidiary of Toronto-based BMO Financial Group will pay nearly $41 million in penalties to the Securities and Exchange Commission to settle allegations that its traders issued misleading disclosures on bonds for three years, causing $19 million in harm to its customers.
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