My brother and some other investors were planning to buy a business. On one of their jobs, which happened to be in CO, a disgruntled employee that had been fired went to the Dept of Labor saying they had not followed some rather obscure overtime rule, I think of Davis Bacon. DOL came in and did an audit. Then DOL said, since we found this infraction, we are going to audit all your jobs. The sale of the company is now on hold, no one knows what the impact of this audit will be, how long things will be in limbo, or how it will impact the value of the company. It is sickening.
Is there a public source for this item? Can we publish the story on FR?