Lisa and Jim's Northern Nevada Real Estate Blog: Bank of America Whistleblower Entitled to Job Back, $1 Million in Damage

Bank of America Whistleblower Entitled to Job Back, $1 Million in Damage

I guess that we have all wanted to see that there was going to be some sense and reality evolve from this chaotic mess.  If this ruling is the evidence of the turning tide then I'm all in favor!

Whistle BlowerBank of America Whistleblower Entitled to Job Back, $1 Million in Damage

The Countrywide employee that exposed massive fraud behind the company’s mortgage lending practices who was fired shortly after Bank of America purchased the lender has her job back and will receive approximately $930,000 in back wages, interest, compensatory damages and attorney fees. OSHA assistant secretary David Michaels commended the employee for “great courage” in his comments on the ruling. Bank of America and the complainant have 30 days to appeal the monetary damages.

Bank of America has steadfastly maintained that the firing had nothing to do with the fraud investigation, which eventually uncovered evidence of wire, mail and bank fraud.

  

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Comment balloon 2 commentsLisa Wetzel • September 17 2011 01:31PM

Comments

Oh please!  The bank actually thinks the public is that stupid to think that the firing had nothing to do with the exposure?!

I personally just don't think I would want my job back after the whistle has been blown.  But why should these financial institutions that put us in this hole, not be forced to walk the straight and narrow when the general public has to?

Posted by Jennifer Chiongbian, Real Estate Broker - NYC (Specializing in all types of Manhattan apts & townhouses) about 7 years ago

I dont know if i would want my job back either if this was the case, how will she get treated, the management will handle her with "kid gloves" and the fellow workers... they will be the key if the accept her back as a hero or really shun her.... i hope we get to hear the ending

Posted by Scott Godzyk, One of Manchester NH's Leading Agents (Godzyk Real Estate Services) about 7 years ago

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