Bank of America Whistleblower Reinstated, $930,000 Damages Paid

A Bank of America employee who reported widespread fraud at the bank's subsidiary, Countrywide Mortgage, has been ordered reinstated by the Department of Labor and ordered to pay $930,000, a figure that includes back pay, compensatory damages and attorneys' fees.  The firing is said to have violated the Sarbanes-Oxley Act; Bank of America denies the allegations.

Source: Charlotte Business Journal

Not all reports of wrongdoing are protected whistleblowing reports; whether a report is a protected whistleblowing report depends often on what is reported, to whom it is reported and even how it is reported.  

Lexington, Kentucky whistleblower lawyer represents whistleblowers suffering retaliation for their protected whistleblowing reports; contact him at 859-254-7076.