A CFO lost his case based on the question of "reasonable belief," a measurement that employee advocates say the whistle-blower appeals board treats too narrowly and inconsistently.
Sarah Johnson, CFO.com | US
June 12, 2007
Do as they do, not as they say. Join the party.
Posted by Roland Cycan | June 13, 2007 10:31 am
As a SOX Whistleblower, I can point immediately to the whistlestopper. My company filed a false document with the DOL claiming that they were not liable under the Sarbanes Oxley Act and a number of other outrageously false statements about financial matters. Further there was no confidentiality maintained in this case. They also try to make the claim that the employee is not an employee of the parent and to obfuscate the ability of the individual to file legitimately. The case is dismissed, the shareholders are quietly abused and no one is the wiser. But in deliberately destroying controls over cash and audit, the government has made it possible not just that certain individuals can steal from the company, but that the entire company is now in the hands of an illegitimate management with corrupt intentions against American society and law.
Posted by Jean Marshall | June 13, 2007 08:19 am© CFO Publishing Corporation 2009. All rights reserved.