Michael Nolan, at one time the second-in-command of Western Regional Off-Track Betting Corp., has settled a wrongful termination lawsuit with his former employer, related to his firing more than four years ago.
As a result, OTB will pay Nolan a $550,000 settlement.
In a statement saying the “long-standing litigation” had been resolved, OTB attorney John Owens said simply that “the parties are satisfied with the settlement.”
OTB spokesperson Mike DeGeorge declined to comment further. Steven Cohen, Nolan’s attorney, also declined to comment. Owens said OTB will pay $150,000 of the settlement and its insurance company will pay the rest.
Neither side admitted any fault in the settlement, which was approved by a federal judge March 17.
Nolan in December 2020 alleged that OTB fired him from his position as chief operating officer because he cooperated with federal authorities who had opened an investigation into the publicly-owned racetrack and casino. Nolan asserted that his cooperation with the Federal Bureau of Investigation was protected under laws that prevent retaliation against whistleblowers.
“Michael was in favor with everybody, and then, when he began answering questions honestly, as he is required to do, he was stepped on, he was squashed,” Cohen told Investigative Post at the time.
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