Ammo Inc. has to pay an employee $485,000 in damages as well as other payments after a whistleblower investigation, the U.S. Department of Labor announced Monday.
The Occupational Safety and Health Administration found that the employee was forced from the board of directors of the Scottsdale, Ariz.-based ammunition manufacturer after voicing concerns over stock transactions that might potentially violate U.S. Securities and Exchange Commission regulations, the department said.
Ammo Inc. must post a notice to its employees about worker protection rights under the Sarbanes-Oxley Act as well as reinstate and pay the employee $485,000 in compensatory damages, over $61,000 in ...
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