By Aaron Nicodemus2022-09-02T14:56:00
Wells Fargo must pay more than $22 million to a former senior banking executive who alleged they were retaliated against for blowing the whistle on financial misconduct.
The Occupational Safety and Health Administration (OSHA), a division of the U.S. Department of Labor, said the payout to the unnamed senior manager in the company’s Chicago-based commercial banking segment represented “back wages, interest, lost bonuses and benefits, front pay, and compensatory damages,” according to a press release Thursday. The manager was fired by Wells Fargo in 2019 and subsequently filed a complaint with OSHA.
After an investigation, OSHA determined the manager was a covered whistleblower under provisions of the Sarbanes-Oxley Act, and that his or her termination represented illegal retaliation against a whistleblower by Wells Fargo.
2023-08-30T19:42:00Z By Jeff Dale
The Department of Labor issued a notice of proposed rulemaking to clarify regulations regarding authorized employee representatives during Occupational Safety and Health Administration compliance officer inspections.
2022-10-14T17:13:00Z By Jaclyn Jaeger
More companies and industries are at risk of falling under the Occupational Safety and Health Administration’s Severe Violator Enforcement Program now that the Labor Department agency has broadly expanded its enforcement scope.
2022-10-10T15:13:00Z By Kyle Brasseur
Oil and gas giant ExxonMobil must reinstate two previously fired employees and pay them more than $800,000 in back wages, interest, and compensatory damages after the Occupational Safety and Health Administration determined the terminations to be illegal.
2025-10-07T16:08:00Z By Adrianne Appel
Georgia Tech Research Corp. (GTRC) has agreed to pay $875,000 to settle allegations first raised by two compliance officers that its cybersecurity protocols violated acceptable standards for defense contractors, the Department of Justice (DOJ) said.
2025-10-06T17:12:00Z By Adrianne Appel
Tractor Supply Company has agreed to get into compliance with California’s consumer privacy law and to pay a $1.35 million fine—the largest yet by California—to settle allegations it violated the privacy rights of customers and job applicants.
2025-10-06T16:46:00Z By Aly McDevitt
A single $33,000 shipment to Iran triggered a six-figure penalty and years of compliance oversight for biotechnology company LuminUltra Technologies, Inc.
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