Mar 28
2025
OTB settles lawsuit, pays whistleblower
Michael Nolan, at one time the second-in-command of Western Regional Off-Track Betting Corp., has settled a wrongful termination lawsuit with his former employer, related to his firing more than four years ago. As a result, OTB will pay Nolan a $550,000 settlement. In a statement saying the “long-standing litigation” had been resolved, OTB attorney John Owens said simply that “the parties are satisfied with the settlement.” OTB spokesperson Mike DeGeorge declined to comment further. Steven Cohen, Nolan’s attorney, also declined to comment. Owens said OTB will pay $150,000 of the settlement and its insurance company will pay the rest. Neither[...]