The Securities and Exchange Commission censured the town of Fairfield last month for failing to file timely financial reports and disclose that information in their bond offering documents. Fairfield told investors that it had only been late on its 2009 and 2010 reports. According to the SEC, “this was materially misleading because Respondent filed its fiscal 2006, 2007, and 2008 audited financial statements by 1,384, 1,017, and 652 days late, respectively.” The SEC goes on to say that the Town of Fairfield “knew or should have known that this statement was untrue.”
The State Labor Relations Board scheduled a mail-in vote for October to determine whether assistant attorney's general will form a union. The SLRB also determined that class 4 assistant attorneys general are excluded from unionization because they act as department heads and are therefore classified as management.
The University of Connecticut made a number of excessive payments to staff who had either stepped down from management positions or left the university, according to a state audit released yesterday. In one instance a former manager - identified as vice provost for the university libraries, Brinley Franklin - was paid his full management salary of $202,829 to be an off-site, part-time consultant. The excessive payments were just part of the audit which faulted the public university for allocating $49.1 million of UConn 2000 funds to projects that were not authorized by state statute.
Group of assistant attorneys general cite “immediate threat to their rights,” file petition to force secret ballot
Five assistant attorneys general filed a petition with the Connecticut State Board of Labor Relations today in an effort to force a vote on unionization by secret ballot before the board recognizes a new union in the Attorney General’s Office. The AAGs claim that failure to hold a secret ballot would violate their “fundamental and statutory right to oppose unionization.” The petitioners claim that no other group, including their employer, would defend them on their stated issues they face “a substantial and immediate threat” to their rights to oppose unionization.
The Connecticut Business and Industry Association and BlumShapiro released Friday their annual survey of businesses in Connecticut, showing state taxes and regulations are the biggest roadblocks to business growth and expansion. The three biggest challenges to growth cited by the businesses surveyed were costs associated with state regulations, taxes and “unpredictability surrounding legislative decision making.”
The American Federation of Teachers filed a petition with the state labor board on Monday in an attempt to unionize 196 assistant attorney generals. The petition will launch an investigation beginning with a preliminary conference on September 13 that will be closed to the public. In order to present a petition to the State Labor Relations Board, at least 30 percent of the employees must have signed union cards. The board checks the signatures on the cards for validation and to confirm they were not signed under pressure.