Former Motorola CFO alleges that company lied about financial data, Santa Claus
Former Motorola CFO alleges that company lied about financial data, Santa Claus
There have been no shortage of legal wranglings in the electronics space lately, usually between two well-entrenched corporations, but this one’s a little more interesting: a former officer taking the offensive against his former office. Paul Liska, previous head of all things financial at Motorola, is alleging that the company has been misleading investors for quite some time regarding the performance of its Mobile Devices unit, and that when he raised his concerns to the board he was given an escorted trip out the building for his troubles. Moto, on the other hand, is saying that the company’s current financial mess is all thanks to a scheme concocted by Liska himself, who then attempted to blackmail the company before trying to paint himself as a whistleblower. That’s an awful lot of intrigue, but given the thrilling, cut-throat world of chartered accountancy (as depicted in Monty Python’s documentary The Meaning of Life), truly anything can happen.
[Via Phone Arena]
Filed under: Cellphones
Former Motorola CFO alleges that company lied about financial data, Santa Claus originally appeared on Engadget on Mon, 13 Apr 2009 08:04:00 EST. Please see our terms for use of feeds.
Read | Permalink | Email this | Comments
Logitech Z-10 Speakers
Logitech Z-10 Speakers
Palm’s Touchstone: Not Just a Wireless Charger, But a Whole Line of New Products?
When Palm introduced its new Palm Pre phone earlier this year it also showed off a nifty wireless charger called Touchstone. Now a company representative has reportedly said that the Touchstone brand represents a new family of accessories for the…
Unruly Cables, Bluelounge CableBox Review
Take a look under your desk, behind the entertainment center and by your computer. Chances are you have a rat’s nest. The deliberate twisty-ties on carefully laid out cables when you first set them up have become a tangled mess. How does that happen?!?! It’s a chore to untangle because …