financetom
Business
financetom
/
Business
/
UAW President Fain found to have retaliated against top officer in expenses feud
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
UAW President Fain found to have retaliated against top officer in expenses feud
Jun 17, 2025 7:57 PM

DETROIT, June 17 (Reuters) - The federal monitor

overseeing the United Auto Workers union has found that its

president, Shawn Fain, retaliated against the union's

secretary-treasurer after disagreements over spending.

Secretary-Treasurer Margaret Mock had some of her duties

reassigned for her refusal or reluctance to authorize certain

expenditures for Fain's office, New York attorney Neil Barofsky

said in a report released on Tuesday.

"Fain acted on a premeditated plan to take action against

Mock," it stated.

The report called for the union's executive board to

reinstate the various responsibilities stripped from Mock, which

included purchasing, benefits and pensions.

Fain has been credited with leading a resurgence in union

power across the country during a 2023 strike against the

Detroit Three automakers, Ford, General Motors ( GM ) and

Stellantis ( STLA ).

But the report could deal a blow to his reputation, with

Barofsky also citing instances in which Fain yelled and swore at

Mock or other UAW members.

Mock urged other executive board members to accept the

monitor's recommendations.

"Let's put these internal issues to rest and focus on the

fights that really matter," she said in a statement. "In unity

and solidarity, let's work together to confront employers and

uncaring politicians who choose to wage war on the working

class."

The UAW and Fain did not immediately respond to a request

for comment.

Fain's office had also accused Mock of obstructing union

operations and seeking to influence board votes, claims that the

report said were unfounded.

The monitor was appointed in 2021 following a years-long

corruption scandal that resulted in the federal convictions of

several former leaders.

He has since regularly released reports on his team's

investigations into the union's practices. The investigation

into allegations about Fain's and Mock's actions was opened in

February 2024.

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 >
T-Mobile US Unit Eyes $2.85 Billion Via Euro-Denominated Debt Offering
T-Mobile US Unit Eyes $2.85 Billion Via Euro-Denominated Debt Offering
Feb 4, 2025
05:44 PM EST, 02/04/2025 (MT Newswires) -- T-Mobile US ( TMUS ) said late Tuesday its T-Mobile USA unit is looking to raise 2.75 billion euros ($2.85 billion) from a registered public offering of senior notes. T-Mobile USA is offering 1 billion euros of 3.150% senior notes due 2032, 1 billion euros of 3.500% senior notes due 2037, and 750...
Hanover Insurance Q4 Operating Income, Revenue Rise
Hanover Insurance Q4 Operating Income, Revenue Rise
Feb 4, 2025
05:37 PM EST, 02/04/2025 (MT Newswires) -- Hanover Insurance Group ( THG ) reported Q4 operating income late Tuesday of $5.32 per diluted share, up from $3.13 a year earlier. Analysts polled by FactSet expected $3.36. Revenue for the quarter ended Dec. 31 rose to $1.58 billion from $1.53 billion a year earlier. Two analysts surveyed by FactSet expected $1.61...
Simulations Plus Insider Sold Shares Worth $678,243, According to a Recent SEC Filing
Simulations Plus Insider Sold Shares Worth $678,243, According to a Recent SEC Filing
Feb 4, 2025
05:37 PM EST, 02/04/2025 (MT Newswires) -- Walter S Woltosz, 10% Owner, Director, on February 03, 2025, sold 20,000 shares in Simulations Plus ( SLP ) for $678,243. Following the Form 4 filing with the SEC, Woltosz has control over a total of 3,402,584 common shares of the company, with 3,402,584 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1023459/000102345925000014/xslF345X05/wk-form4_1738708430.xml ...
Qiagen Gets Patent Reaffirmation From German Court
Qiagen Gets Patent Reaffirmation From German Court
Feb 4, 2025
05:40 PM EST, 02/04/2025 (MT Newswires) -- Qiagen ( QGEN ) said Tuesday the German Federal Patent Court reaffirmed the validity of a patent protecting its QuantiFeron technology. The court's decision upholds Qiagen's ( QGEN ) intellectual property rights involving the German part of a European patent, which protects its technology in detecting latent tuberculosis, the company said late Tuesday....
Copyright 2023-2026 - www.financetom.com All Rights Reserved