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Sarbanes-Oxley News & Developments
Coke Whistleblower Inspires SEC ProbeFormer finance manager alleged he had been fired for raising concerns about accounting fraud.
> > The Coca-Cola Co. announced that the SEC has launched a formal investigation of the soft drink giant. The probe stems from allegations made by former finance manager and whistleblower Matthew Whitley, who sought a $44.4 million settlement from the company on the grounds that he had been fired in retaliation for raising concerns about accounting fraud.
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Source: PCAOB
Published:2004-01-19
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