[1][2] Founders of the party included Diógenes de la Rosa, Don Cristóbal Segundo and Domingo H.
[1][4] The delegates of the party were Eugenio Cossani and Jacinto Chacón.
[3] In August 1929 the party protested against the raising of a bust of US president Theodore Roosevelt in Colón, citing that the monument hurt the 'national dignity' of Panama.
[6] The successor organization of the Labor Party, the Communist Party of Panama (Partido Communista de Panamá, PCP), was officially established in 1930.
[7][3] Whilst Segundo and Turner became Communist Party leaders, De la Rosa did not join the new party and drifted in a Trotskyist direction.