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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Jeff Dale2024-03-28T12:22:00
The Department of Labor (DOL) ordered Tennessee-based Tuff Torq Corp. to pay nearly $1.8 million over alleged child labor violations.
The DOL’s Office of the Solicitor secured a federal consent judgment mandating the power equipment manufacturing company cease its illegal employment of children, adhere to federal child labor laws, and pay a nearly $300,000 penalty and $1.5 million in disgorgement, the agency announced in a press release Monday.
The action, filed in U.S. District Court for the Eastern District of Tennessee on Friday, addressed Tuff Torq’s employment of 10 children subjected to oppressive child labor, the DOL said. Tuff Torq supplies major companies including John Deere, Toro, and Yamaha.
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Annual Membership $499 Value offer
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2024-05-31T18:41:00Z By Aaron Nicodemus
The Department of Labor sued three Alabama businesses, including a Hyundai Motor manufacturing plant, for employing a 13-year-old worker on an auto parts assembly line.
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Rooting out potential child or forced labor violations in your company’s supply chain can have benefits beyond protecting reputation and being ethically sound. The process can also help your firm comply with pending child labor laws in other jurisdictions.
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New York-based investment firm Drexel Hamilton will pay more than $1.1 million in penalties, with four current and former employees paying fines as well over committing hundreds of violations of rules regarding the sale of municipal bonds.
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A publicly traded cryptocurrency mining company will pay $10 million and completely change its business model to one with “lower corruption risk” as part of a settlement over violations of the Foreign Corrupt Practices Act (FCPA), two regulators announced.
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