Feeds

Motorola's ex-CFO files whistleblower suit

'Treachery' tit-for-tat

Combat fraud and increase customer satisfaction

Who'd a thunk it? Behind Motorola's gloomy Q4 earnings report and corresponding sacking of its financial chief, Paul Liska, there was a tale of alleged treachery and intrigue.

Liska claimed in a court filing unsealed Thursday that his firing was a retaliation for warning the company's board of directors that Motorola's ailing mobile division was "intentionally or recklessly, materially misstating its 2009 forecasts and strategic plan."

But as Moto tells the story, Liska was a "treacherous officer" who caught wind management was displeased with his performance and concocted a "extortion-like scheme designed to portray himself as a whistle blower and demand millions in return for his silence."

The ex-executive filed suit against Motorola late February in Cook Country Circuit Court, Illinois. His claims, in which parts are redacted, says Motorola's Mobile Devices executives were giving forecasts "based on inaccurate or unsupportable financial assumptions."

Liska apparently confronted Motorola's board of directors over the division's flawed forecasts and claimed he was "worried" the unit didn't have a full 2009 business plan by the company's December 15 board meeting.

The company announced Liska's dismissal on February 3, 2009 as part of a quarterly earnings call. Later in an SEC filing, Motorola claimed the sacking was due to "serious misconduct and incompetence."

In Motorola's response - also unsealed today as reported by the Chicago Tribune - the company said its relationship with Liska went downhill as early as summer 2008, when Liska allegedly became jealous of the mobile unit's co-Chief Executive Sanjay Jha's generous compensation package. His claimed "vendetta" against Jha took the form of becoming "erratic, unprepared, abrasive, divisive — and simply absent and 'unavailable.'"

Motorola further alleges Liska tried to "fleece" Motorola by demanding a settlement of more than $37m after he threatened the retaliatory discharge suit.

Liska claims he never demanded a settlement or threatened the company with a lawsuit.

Truly bizarre. As if Motorola's mobile unit needed more things to worry about. ®

High performance access to file storage

More from The Register

next story
Spanish village called 'Kill the Jews' mulls rebranding exercise
Not exactly attractive to the Israeli tourist demographic
Oz bank in comedy Heartbleed blog FAIL
Bank: 'We are now safely patched.' Customers: 'You were using OpenSSL?'
Happy 40th Playmobil: Reg looks back at small, rude world of our favourite tiny toys
Little men straddle LOHAN, attend tiny G20 Summit... ah, sweet memories...
Forget the beach 'n' boardwalk, check out the Santa Cruz STEVE JOBS FOUNTAIN
Reg reader snaps shot of touching tribute to Apple icon
Lego is the TOOL OF SATAN, thunders Polish priest
New minifigs like Monster Fighters are turning kids to the dark side
Dark SITH LORD 'Darth Vader' joins battle to rule, er, Ukraine
Only I can 'make an empire out of a republic' intones presidential candidate
Chinese company counters pollution by importing fresh air
Citizens line up for bags of that sweet, sweet mountain air
Google asks April Fools: Want a job? Be our 'Pokemon Master'
Mountain View is prankin' like it's 1999...
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.