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Re: tovsiman post# 344010

Thursday, 06/19/2014 2:08:23 PM

Thursday, June 19, 2014 2:08:23 PM

Post# of 346917
and to think that some people are still supporting the crooks Metter and Moskowitz. well, at least we know there was ONE honest employee at SPNG, lol...

"In November 2009, the complainant was sent to the Netherlands to represent the company in a trade show. She discovered that the company had no sales in Europe and communicated her concerns about this to company officials. At the time, SpongeTech was under investigation by the Securities and Exchange Commission for publicizing fictitious sales and product orders for the purpose of selling stock. The complainant was terminated on Jan. 11, 2010. She filed a whistleblower complaint with OSHA on April 7, 2010.

OSHA's investigation found that the employee engaged in protected activity under the whistleblower provisions of the Sarbanes-Oxley Act* when she raised concerns to her employers about the veracity of the sales information, and that her protected activity was a contributing factor in her firing. As a result, OSHA is ordering the payment of the back wages. Both the company and the complainant have 30 days from receipt of OSHA's finding to file an appeal with the department's Office of Administrative Law Judges.

Michael Metter, the company's chief executive officer, and Steven Moskowitz, its chief operating officer, pled guilty in January 2013 and August 2011, respectively, to criminal charges related to the investor fraud that led to the employee's termination."

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