If employees in Texas notice that their employers are engaging in unethical or illegal practices, they naturally may be inclined to report this activity. However, doing so may cause them to become victims of employer retaliation. One woman in another state recently claimed she was retaliated against after complaining about incorrect accounting practices at Oracle.
The woman, formerly a senior finance manager at Oracle, alleged that the system software company's upper management attempted to push her to engage in manipulation to make its results appear better. She was reportedly told to add accruals totaling millions of dollars for expected business even though no foreseeable or concrete billing existed to support these figures. The woman further claimed that executives at the company added accruals themselves.
The woman ended up being terminated from the company in October of 2015. The termination occurred only a month after the company's alleged unethical business practice started and a couple of months after the woman had received a strong performance review. According to the lawsuit, Oracle violated anti-retaliation provisions in the Dodd-Frank and Sarbanes-Oxley laws dealing with financial reform and corporate governance, respectively.
The plaintiff is seeking punitive damages -- which may be awarded in cases of egregious fault -- and double back pay as well as other remedies. A person in Texas who has been demoted or terminated due to employer retaliation has the right to take legal action through the civil court system. An understanding of what facts must be proved will likely be necessary to prevail in this type of case.
Source: fortune.com, "Oracle Hit With Whistleblower Lawsuit Over Cloud Accounting", June 1, 2016