Universal Corp. Whistleblowers Awarded $25 Million

Law360, New York (September 29, 2006, 12:00 AM EDT) -- Taking a firm stance on whistleblower rights, a California jury has awarded Rosemary Valladares and Ramon Delgadillo $25 million after Universal Corp. retaliated against them for reporting on its subsidiary’s fraudulent insurance claim.

The two workers for Madera Quality Nut, a subsidiary of Universal, first filed the suit in August 2004, accusing Universal of retaliating against employees for tipping off police and insurance investigators about suspected fraud.

The two had been ordered to include undamaged inventory in a list of burned property for a fire insurance...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.