I was recently pulled into an office at work with a couple of loss prevention agents and they proceeded to let me know that they are talking to all managers about what exactly their role is. I am a manager at a very big retail brand. After we discussed what exactly their role is (which I already know), I felt like they were getting to something. They suddenly started talking about trust and how the company trusts all of their employees, sometimes that trust is broken when some employees decide to steal. I got very uncomfortable and asked what this is about and they let me know that a week previous $20 dollars was missing out of our petty cash and that they have me and another person who was our lead cashier. Any manager that opens the store must count petty cash with our lead cashiers, so there are always two people present. They proceeded to ask if I have ever taken any money from the company or put anything in my pocket. I said absolutely not. I have no reason to steal. They said that they have video. I...

I don't know what your legal rights are. If you are interested, you should consult a lawyer. However, I can understand your outrage and humiliation. As you tell it, their accusation was false and lacked probable cause. They also lied in the course of interrogating you, apparently with the hope of eliciting a confession, rather than as part of a good faith investigation. If it were me, I would follow the issue up with my supervisor or by filing a formal grievance. It sounds like you deserve an explanation and a formal apology. It sounds like the company needs to rethink its understanding of various aspects of due process. If I didn't get a satisfactory reply, I would think seriously about looking for a new position in another firm with a solid track record of fair and honest dealing with employees.