financetom
Business
financetom
/
Business
/
UAW president faces probe over alleged retaliation against other union leaders
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
UAW president faces probe over alleged retaliation against other union leaders
Jun 10, 2024 5:57 PM

DETROIT (Reuters) -United Auto Workers President Shawn Fain is under investigation by an independent federal monitor over allegations of retaliation against other union leaders, according to a court filing on Monday.

Monitor Neil Barofsky opened an investigation in February to review allegations, including that UAW Secretary-Treasurer Margaret Mock said she had faced retaliation for her refusal or reluctance to authorize certain expenditures for Fain's office, according to the filing. Barofsky also opened a probe into Mock's actions.

Fain said in a statement that he encouraged the monitor "to investigate whatever claims are brought to their office, because we know what they'll find: a UAW leadership committed to serving the membership, and running a democratic union."

Fain added "taking our union in a new direction means sometimes you have to rock the boat, and that upsets some people who want to keep the status quo."

Barofsky was appointed federal monitor in 2021 as the UAW grappled with a corruption scandal that resulted in the federal convictions of several former leaders. Two former UAW presidents were sentenced to prison time as part of the probe.

The monitor expanded his investigation to also include allegations made by Fain against the leader of the union's Stellantis department, Rich Boyer. Fain took over Boyer's duties at the end of May.

Union officials did not immediately respond to requests for comment on behalf of Boyer and Mock.

Fain alleged Boyer's responsibilities were reassigned because of his "dereliction of duty" in connection with collective bargaining issues. 

The monitor later received complaints that Fain's decision was an act of retaliation because Boyer refused to engage in acts of financial misconduct to benefit others, according to the court filing.

The monitor said the union had not produced the documents he requested quickly enough. UAW officials have turned over approximately 2,600 documents of the potentially relevant pool of about 116,000 documents, according to the filing.

The Department of Justice also informed the monitor that the union's position was "making it difficult, if not impossible, for the Monitor to fulfill his mandate to remove fraud, corruption and illegality from within the UAW," the filing said.

Fain assumed his post last year after narrowly winning the first direct election in the union's history. He led the labor group through a six-week strike against the Detroit automakers last autumn, and is spearheading a nationwide organizing campaign across the U.S. South and West.

That campaign suffered a blow last month when the union lost a vote at a Mercedes plant in Alabama. Weeks earlier, it had clinched a historic victory at a Volkswagen plant in Tennessee.

Fain has emerged as an important figure for President Joe Biden during this election year as the U.S. leader tries to win over auto workers and voters in Michigan, a key swing state.

Biden joined Fain at a picket line in Michigan to support striking auto workers in September. Fain also attended the 2024 State of the Union Address, after the UAW endorsed Biden in January.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
OceanaGold Sets IPO Price for 20% Stake in OGPI on the Philippines Stock Exchange, to Raise US$106 Million
OceanaGold Sets IPO Price for 20% Stake in OGPI on the Philippines Stock Exchange, to Raise US$106 Million
Apr 25, 2024
07:57 AM EDT, 04/25/2024 (MT Newswires) -- OceanaGold ( OCANF ) announced Thursday that it will raise about 6.08 billion Philippine pesos (US$106 million) through an Initial Public Offering of 20% of its wholly-owned subsidiary OceanaGold Philippines on the Philippines Stock Exchange. The offering prices the shares at 13.33 Philippine pesos apiece, the company said in a statement. The retail...
Jefferies Financial Group Insider Sold Shares Worth $65,250,900, According to a Recent SEC Filing
Jefferies Financial Group Insider Sold Shares Worth $65,250,900, According to a Recent SEC Filing
Apr 25, 2024
08:01 AM EDT, 04/25/2024 (MT Newswires) -- Richard B Handler, Director, CEO, on April 24, 2024, sold 1,500,000 shares in Jefferies Financial Group ( JEF ) for $65,250,900. Following the Form 4 filing with the SEC, Handler has control over a total of 16,706,626 shares of the company, with 15,314,150 shares held directly and 1,392,476 shares controlled indirectly. SEC Filing:...
Secure Energy Services Books Big Jump in Q1 Net Income on Asset Sale
Secure Energy Services Books Big Jump in Q1 Net Income on Asset Sale
Apr 25, 2024
08:01 AM EDT, 04/25/2024 (MT Newswires) -- Secure Energy Services ( SECYF ) on Thursday reported first-quarter net income of $422 million, or $1.47 per diluted share, surging from $55 million, or $0.18 per share, in the same quarter last year. The waste management and energy infrastructure company attributed the increase to a $520 million gain linked to the sale...
Carrier Global's Q1 Adjusted Earnings, Sales Rise; Updates 2024 Guidance
Carrier Global's Q1 Adjusted Earnings, Sales Rise; Updates 2024 Guidance
Apr 25, 2024
08:01 AM EDT, 04/25/2024 (MT Newswires) -- Carrier Global ( CARR ) reported Q1 adjusted earnings Thursday of $0.62 per diluted share, up from $0.52 a year earlier. Analysts polled by Capital IQ expected $0.50. Net sales for the quarter ended March 31 were $6.18 billion, up from $5.27 billion a year earlier. Analysts surveyed by Capital IQ expected $6.33...
Copyright 2023-2026 - www.financetom.com All Rights Reserved