MGM Resorts Told To Pay Damages For Axing Whistleblower

Law360, New York (September 6, 2013, 4:04 PM EDT) -- The U.S. Department of Labor's Occupational Safety and Health Administration said Thursday it had ordered MGM Resorts International to pay damages of about $325,000 under the whistleblower provisions of the Sarbanes-Oxley Act for firing an employee for disclosing that co-workers were allegedly violating securities regulations.

The alleged whistleblower worked for MGM's Signature Condominiums LLC unit and, according to OSHA, reported that co-workers were engaging in “forecasting,” the practice of providing information to a potential buyer as to the expected revenue and occupancy rates of condominiums in...
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