A whistleblower retaliation lawsuit on behalf of the former Chief Financial Officer (CFO) of Tennessee Commerce Bancorp has been filed on his behalf by the federal Department of Labor. The suit claims that the former CFO, George Fort, was fired two years ago after he raised concerns of possible accounting rules violations. Fort claims that he raised questions about internal controls, possible falsification of reports and regarding a large sale of stock by the bank's CEO shortly before shareholders were informed that three of the bank's Board of Directors were resigning in protest over large executive pay raises and bonuses. The suit seeks $1.5 million in back pay and benefits and Fort's reinstatement of his old job.
Source: The Tennesseean
If you are a whistlblower and have suffered retaliation, contact Lexington, Kentucky whistleblower lawyer Robert Abell at 859-254-7076.