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Sunday, November 24, 2024

Minneapolis architecture firm hit with whistleblower lawsuit alleging missing millions, retaliation - Archinect

The Minnesota Star Tribune is reporting on a strange case involving the former principal of Minneapolis-based RSP Architects & Planners after he filed a lawsuit alleging retaliation in response to his apparent discovery of missing funds. The employee in question, Todd Novak, claims he notified senior leadership that there was between $2-6 million absent from its balance sheets while in the process of applying internally for a CEO position.

The outlet says: "The suit accuses RSP of retaliation in violation of the Minnesota Whistleblower Act and seeks unspecified compensation for loss of income, mental anguish, emotional distress and other financial and emotional loss."

Novak was later laid off in a cost-saving move in March. Another caveat, per the Star Tribune: "The missing funds mattered for several reasons, including that RSP ran an employee stock ownership plan that was funded based on company profits.



Read Full Story: https://news.google.com/rss/articles/CBMi2wFBVV95cUxNT2RZRkFkTmRiTGJRUFRCbTNw...