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I am sorry to hear of this difficult situation.What is your question please?
How long did you work for them for?How many weeks or months pay would $500 represent?What wages did you earn that weren't pay to you?
Well, if you are owed $320 then they are only offering you $180 for termination pay and for what else happened so how would that be fair?If you are certain that they dismissed you without just cause then they certainly owe you more than $180 even if they don't owe you anything more by way of damages for harassment.
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It is not fair. You had the right to a full investigation and the right to tell your side of the story. That is the law.
As well, you should have been provided with written warnings if they wanted to dismiss you unless this was thought to be a theft.
Then I do not see any reason why you would settle for such a small amount of money.
There is no certainty with court. That is why people make offers to settle and why people accept offers to settle. As well court is time-consuming and frightening.At the same time you should not let someone bully you. It sounds like you didn't do anything wrong and that you offered is unfair.You can certainly make them a counteroffer.
They likely owe you the $320 plus another $500 - $1000.