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Glenn O Hawbaker Update 6:46 pm
State College based building contractor, Glenn O. Hawbaker Inc., will pay nearly $21 million in restitution after entering pleas of Nolo Contendere to four counts of theft in Centre County Court Tuesday morning.
The Attorney General’s office charged the company with stealing retirement earnings earmarked for prevailing wage employees and instead distributed that money into the retirement accounts for all company workers, including management.
In court, an attorney for the AG’s office said there were at least 250 victims who lost retirement fund money.
The court also ordered the appointment of a corporate oversight officer who will be monitoring the company for the next five years.
State College Based Roadwork Firm Hawbaker To Pay $20M In Workers Retirement Theft Case wpsu.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wpsu.org Daily Mail and Mail on Sunday newspapers.
Pa. construction firm expected to resolve huge wage-theft case
Published article
STATE COLLEGE, Pa. - A Pennsylvania construction contractor is expected to resolve a massive wage-theft case in which it was accused of stealing tens of millions of dollars from its own workers by systematically violating state and federal prevailing wage laws.
Glenn O. Hawbaker Inc. of State College is scheduled to appear in Centre County Court to enter a plea Tuesday.
The attorney general s office says Hawbaker stole more than $20 million from workers fringe benefits such as retirement and health insurance.
Hawbaker has said it immediately changed its prevailing wage practices after learning of the state probe.