Thursday June 02, 2016

Former Employee Sues Oracle Over Shady Cloud Accounting

For the third time in a week, Oracle is involved in another lawsuit. This time around it is a former employee claiming that the company wanted her to cook the books and was fired when she threatened to blow the whistle.

Her superiors, Blackburn alleges, "instructed her to add millions of dollars in accruals to financial reports, with no concrete or foreseeable billing to support the numbers." When she refused to do so, "executives above her in the chain of command went ahead and added accruals on their own," the suit says. When Blackburn threatened to blow the whistle, she was terminated in October 2015, the suit alleges.