BofA Whistleblower Fired for Countrywide Fraud, Hired Back and Paid Nearly $1 Million in Damages

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The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has found Bank of America in violation of the whistleblower protection provisions of the Sarbanes-Oxley Act for improperly firing an employee. The bank has been ordered to reinstate and pay the employee approximately $930,000, which includes back wages, interest, compensatory damages and attorney fees. The findings follow an investigation by OSHA's San Francisco Regional Office, which was initiated after receiving a complaint from the Los Angeles-area employee.Click to continue