Violation Tracker Individual Record

Company: 
Bank of America Corp.
Current Parent Company: 
Bank of America
Penalty: 
$930,000
Year: 
2011
Date: 
September 14, 2011
Primary Offense: 
workplace whistleblower retaliation
Violation Description: 

The Occupational Safety and Health Administration found Charlotte, N.C.-based Bank of America Corp. in violation of the whistleblower protection provisions of the Sarbanes-Oxley Act for improperly firing an employee. The bank was ordered to reinstate and pay the employee approximately $930,000, which included back wages, interest, compensatory damages and attorney fees.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Occupational Safety & Health Administration
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
North Carolina
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.