OSHA Orders Charles Schwab to Reinstate Two Whistleblowers

The U.S. Department of Labor ordered Charles Schwab to reinstate two employees who allege they were terminated for blowing the whistle on a scheme to falsify entries in a Schwab database system. OSHA investigated their claims under the whistleblower provision of the Sarbanes-Oxley Act of 2002 and is ordering Charles Schwab to reinstate the whistleblowers and award them back pay with interest, compensatory damages, attorneys’ fees and other relief.

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