Facts: In 1998, the investigative reporting husband and wife team, Jane Akre and Steve Wilson, filed suit against their employer New World Communications of Tampa, Inc. (WVTV), a subsidiary of Fox TV, stating they violated the Florida’s whistleblower statues. They argued that WVTV terminated their employment under the grounds of retaliation after they refused to suppress and distort the contents of a story regarding the controversial Bovine Growth Hormone in Florida’s cattle. They also brought forth additional claims of declaratory relief and breach of contract. After a four week jury trial they found against Wilson and all of his claims. Akre dropped allegations concerning declaratory relief and the court allowed the whistle-blower claims to be moved forward. Akre won a monetary award from the jury of $425,000 based on the retaliation charges established by the whistle-blower statue.…
Facts: In 1998, investigative reporting team, Jane Akre and her husband Steve Wilson, brought suit against their employer WVTV, a subsidiary of Fox TV, under violation of Florida’s whistle-blower statutes. They argued that the station had terminated their employment under grounds of retaliation because the team refused to suppress and distort the contents of a story regarding the controversial Bovine Growth Hormone in Florida’s cattle. Additional claims also brought forth included declaratory relief and breach of contract. After a four-week trial, a jury found against Wilson on all of his claims. Akre decided to drop allegations concerning declaratory relief and the court allowed for continuance based on her whistle-blower claims. The jury granted a monetary award of $425,000 in damages to Akre based on retaliation claims established by whistle-blower statute.…
After a complete analysis of the situation, our team believes that the whistle blower at SNC-Lavalin was justified. To come to such a conclusion we can borrow an analysis of the ethics of whistleblowing created by philosopher Richard DeGeorge.…
In conclusion, while I agree that it is feasible that Bank of American did legally terminate Eileen based on their claims on management style incongruence, it appears that the Department of Labor made the correct decision in erroring in favor of Eileen. The fact that only twenty-one of 1,500 whistleblowers have gotten a favorable response from the Department of Labor evidences that the department acts diligently in these type of cases and that the decision in the Eileen Foster case was properly decided ("Eileen Foster, Countrywide and the Failure of Corporate Criminal Justice - Corporate Crime Reporter", 2012).…
Corliss assembles his team which includes Lanny Beaudean who worked for the IRS for two years before joining the firm. Beaudean hopes to gain international experience with the firm so as to further his dream of becoming a CEO. The other two members of the team are Vinnie Gabelli and Jacki Oloff both of whom are not Arizona natives. After discussing their respective duties the team met at the end of the day to discuss their findings. After following a checklist of risk assessment they followed all except for the Verify the circumstances of any prior auditor’s dismissal1. The team felt that Yancy Corliss would be better suited to obtain this information. After non response from the firm’s…
The usually upbeat Roberts was somber when Walker stepped into his office that afternoon. After she was seated, Roberts informed her that he had spoken with Jackie Vaughn several times during the past few days and that he had consulted with the three other audit partners in the office regarding a situation involving Walker. Roberts told Walker that Vaughn was very upset by the fact that she (Walker) had lied regarding the CPA exam. Vaughn had indicated that she would not be comfortable having a subordinate on future engagements whom she could not trust to be truthful. Vaughn had also suggested that Walker be dismissed from the firm because of the lack of Integrity she had demonstrated.…
Page 50 1b. If there is no violation of law or regulation, the manager could have put herself in a position that caused her to be terminated from AutoCorp as well as losing her reputation. Autocorp could have face charges based upon the unethical decision that the manager made and if she used the confidential documents, Autocorp would have been faced with stealing the documents and using the unauthorized information to increase their budget.…
3. Watkins only came forward with her knowledge of the fraud when they started to investigate her memo. After the meeting with Kenneth Lay, Sharron had made her knowledge and understanding of the scandal documented. However, the public did not find out about her memo until five months after she had written it. This was the time when the company had already collapsed and an investigation was being held to find the writer of the memo. Only then did Sharon Watkins come forward with her knowledge and insight. Holding the position of Vice President of Corporate Development it would have been her responsibility to publicize the fraud.…
The confidential information policy adopted by Centrex Electronics in highly competitive industries is very understandable, however in this particular case the execution of the policy was not handled correctly which lead to the wrongful termination of Miller-Canton. Seemingly if Centrex Electronics had just given Miller-Canton her some time to make a decision to either end the relationship with Mike Domzalski, or even if she had decided to continue to work, she could have even resigned and if a decision had not been made it would have been…
It is important to understand that whistleblowers often suffer loss of their careers, family, and financial security (Taylor, 2009). Eileen Foster was no different. She risked her career to represent ethical standard she was challenged with when she became a licensed financial reporting officer. The oath that she took was important and she chose to be honest and fair with her actions. She reported the unethical activity that was being practiced at the Boston Countrywide offices after an employee was…
According to Hutson (2014), “It is generally accepted that there are two types of whistle-blowing: internal and external. Internal whistle-blowing typically involves reporting concerns up the chain of command within the organization in the hope that whatever the problem is, it will be resolved. External whistle-blowing involves reporting concerns outside the organization and in particular, the media” (p. 251).…
Just months after the merger, in April 1998 Cendant uncovered massive accounting improprieties at CUC which resulted in one of the largest financial scandals of the 1990s. At the time, Vice Chairman E. Kirk Shelton, was reported to have inflated the company's revenue by $500 million over a period of three years. When this report was released to the public, the resulting damage to the market value for the company was approximately $14 billion, with their stock tumbling from a high of $41 down to nearly $12. At the time, this fiasco was the largest case of…
According to Sissela Bok whistleblowing is a label generated by increased awareness of the ethical conflicts encountered at work. Whistle blowers sound the alarm from within the very organization in which they work, aiming to spotlight neglect or abuses that threaten the public interest. The stakes in whistleblowing are high, whistle blowers pose a threat to those whom they denounce and their own careers are at risk. Sissela Bok acknowledges that blowing the whistle is often justified but that in doing so the individual creates dissent, conflict and breaches the loyalty of their employer. Whistleblowers often find themselves in the difficult situation of having to choose between conforming and sticking their necks out. She mentions that the more repressive the authority they challenge, the greater the personal risk they take in speaking out.…
A whistle-blower is an organisation member (former or current) who discloses illegal, immoral or illegitimate practices under the control of their employers, to other persons or organisations that may be able to take and effect action (Miceli & Near, 1984). In the case which is given to us, Cynthia Cooper, who worked in WorldCom, was the whistle-blower when she revealed the truth regarding the malpractice in some accounting treatment taking place in WorldCom. But we can see from the case that she had to face a lot of pressure exposing this error because her reporting boss Scott Sullivan, the CFO of the company, himself was involved in doing the fraud. So, for Cynthia, going against the fraud was like going against her boss.…
It is perhaps the most compelling business ethics case in a generation—a textbook version of what can go wrong in an organization that lacks a true culture of ethical compliance. Investors and the media once considered Enron to be the company of the future, but as its demise suggests, it was in reality not a particularly modern business organization, especially in its approach to ethics. On the surface, at least, it appeared to reject progressive innovation in governance and ethics programs and instead sought to circumvent systems that were designed to protect the company and its shareholders. The purpose of this report is not to comment on the legal or political ramifications of the case but rather to focus on the business ethics issues raised by the conduct of the company’s directors and officers, its accountants, and lawyers as it is known to date. It is meant to be a reminder that simply having a detailed code of ethics on the books (as Enron certainly did) is not enough. Organizations need to infuse ethics and integrity throughout their corporate culture as well as into their definition of success.…