Moto Says CFO Destroyed Evidence

The company alleges its ex-CFO destroyed data that could be used against him during a retaliatory discharge lawsuit

April 16, 2009

1 Min Read
Moto Says CFO Destroyed Evidence

Motorola Inc. (NYSE: MOT) is firing back at its ex-CFO and alleged in a court filing that Paul Liska destroyed evidence prior to the filing of a whistleblower lawsuit.

Liska was dismissed earlier this year, and not many were surprised by the move because the company lost $3.6 billion in a quarter, and it's in the middle of a massive restructuring effort. But Liska filed a lawsuit that alleges he was unlawfully fired for trying to bring up issues with financial forecasts. He said the company's forecasts were based on inaccurate financial assumptions that ignored facts known to co-CEOs Greg Brown and Sanjay Jha.

Liska was dismissed Jan. 29, but he wasn't officially fired until a Feb. 19 SEC filing in which Motorola said he was terminated with cause for "serious misconduct and incompetence." Liska said this lag gave the company time to "concoct the false and malicious story" to damage his reputation for bringing up concerns about the company's future.

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— Marin Perez, InformationWeek

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