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Ref. Q #2 Lawrence is employed as an accountant for a large successful public co

ID: 368024 • Letter: R

Question

Ref. Q #2 Lawrence is employed as an accountant for a large successful public corporation and he was promoted to work in the President’s Office, (the top CEO in the company). After a few months handling the “bookwork” in his new position, he noticed some unusual and fake entries that incorrectly altered the financial statements to higher levels. He discussed this with his peers and they told him to go along with this as it would mean a higher pay for everybody. Lawrence was very disturbed by this so he reported what he discovered to the federal agency the S.E.C. and sent a copy of his report to the President of the company and to a member on the Board of Directors.
A week later the President dismissed him indicating that he was not doing his job correctly. Lawrence was quite upset and went to the company’s Human Resource Department where he was told that he was not under contract and the dismissal was permanent. He was saddened by this loss and he discussed this matter with an old friend who suggested that he go to a lawyer and his friend gave him the name of the lawyer whom he highly recommended.
In your opinion, when Lawrence meets with the lawyer and discusses the events in the last few months at the company, what actions can the lawyer take for him and what laws are involved in this matter that the attorney can use on his behalf? Be sure to mention the law and content covered in this chapter in your response.

Explanation / Answer

As Lawrence was the employee of the company, he was performing his duties diligently to meet all the outcomes effectively and has kept a prime focus on his work to bring a successful achievement in the work. While working in the office he has noticed that fake entries in the financial statements. When he tries to bring under the notice to the company president he got dismissed from his job. He tries to know the cause from the human resource department, but nothing has happened. He was informed that he was not in the contract and he got dismissed from the job.

As he met with the lawyer discussed all the above incidents, the lawyer should file a case against the company and should try to return his client's job. As his client has not done anything wrong with the company and it is to be highlighted that according to Lawrence there are some illegal activities which are going on in the company. But when he tries to bring under focus he got dismissed from the job. This is the case of employer’s liability law which the court should take an immediate action against the company president and should return the job to Lawrence who has not done anything in this context.       

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