Most Popular Stories
Events
Latest News
Popular Topics
Sarbox-style whistleblowing not a lot of fun
Well, it looks like another executive--this one at BMC software--is seeking Sarbanes-Oxley whistleblower status. Michael Ciavarra alleged in a suit that he was fired from the Houston-based because he play along with what he calls a "scheme to improperly recognize as revenue a $67 million invoice that the customer had no intention of paying." Ciavarra, a top salesman and 18-year veteran of the firm, claims he alerted top BMC executives, including CEO Bob Beauchamp. No action was taken, and he was let go. He faces a long haul. Let's face, being a whistleblower, even in this era of heightened attention to wrong-doing, is hardly a party. The best example may be Cynthia Cooper, who along with some colleagues was name Time's person of the year for her role in blowing the lid of the WorldCom scam--even before there was a Sarbox. She stands by what she did, but it took an emotional toll. Some days, she could barely get out of bed. She remains a staunch supporter of Sarbox.
For more on Ciavarra:
- here's an article
Comments
Post new comment
Sponsored Links
Home
| Subscribe | Advertise | Mobile Edition | RSS |
Privacy
| Site MapTHE FIERCEMARKETS NETWORKFierceFinance | FierceFinanceIT | FierceSarbox | FierceHealthcare | FierceHealthFinance | FierceHealthIT | FierceCIO | FierceCIO:TechWatch | FierceContentManagement | FierceMobileIT | FierceBiotech | FierceBioResearcher | FiercePharma | FierceVaccines | FierceIPTV | FierceOnlineVideo | FierceTelecom | FierceVoIP | FierceBroadbandWireless | FierceDeveloper | FierceMobileContent | FierceWireless | FierceWireless:Europe© 2008 FierceMarkets, Inc. All rights reserved. |
![]() |


