Benefits September 16, 2011

OSHA Orders Bond Laboratories to Re-Hire Employee and Pay $500,000

September 16, 2011 (PLANSPONSOR.com) – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) found Bond Laboratories Inc. and former CEO Scott Landow in violation of the whistleblower protection provisions of the Sarbanes-Oxley Act for improperly firing an employee. 
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According to a news release, the company and Landow have been ordered to re-hire the employee and pay approximately $500,000 in back wages, interest, and compensatory damages. The findings follow an investigation by OSHA’s San Francisco Regional Office, which was initiated after receiving a complaint from the employee.

Landow and Bond Laboratories, formerly based in Solana Beach, allegedly terminated the complainant, an officer, for objecting to the manipulation of sales figures that misrepresented the company’s value to potential investors. OSHA determined the complainant repeatedly objected to this practice between March and October 2008, and the objections contributed to the decision to terminate the complainant. 

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