New York – August 14, 2017 — B&H announced today that it has settled a 2016 case with the Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP).
While we are pleased to conclude the case, B&H rejects the OFCCP’s allegations — we settled this matter to let us focus on our day-to-day work of providing excellent service to our customers, to avoid costly and time-consuming litigation, and to grow our Federal government business (the OFCCP oversees employers that do business with the government).
The OFCCP allegations pertained to certain hiring, promotion, and compensation practices. While B&H categorically denies the allegations, we settled to avoid the distraction of litigation. As a government contractor, we determined settlement was in our best interest. B&H is pleased that this issue has been resolved, and we are confident we have the measures in place to comply with all federal hiring and employment law.
B&H is pleased that an overwhelming portion of the settlement payout will end up with our current and former employees. Our success is a result of the hard work and dedication of our employees.