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Violation Tracker Individual Record

Company: Banner Pharmacaps, Inc.
Penalty: $50,699
Year: 2004
Date: June 2, 2004
Offense Group: employment-related offenses
Primary Offense: wage and hour violation
Secondary Offense: Fair Labor Standards Act
Violation Description: High Point-based Banner Pharmacaps, Inc., a pharmaceutical research and manufacturing company, paid $50,699 in back overtime wages to 63 employees following a U.S. Department of Labor investigation. The company, according to the investigation, paid these employees a salary and considered them exempt from the overtime requirements of the Fair Labor Standards Act (FLSA).
Level of Government: federal
Action Type: agency action
Agency: Labor Department Wage and Hour Division
Civil or Criminal Case: civil
Facility State: North Carolina
Facility City: High Point
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.