Former Accountant Sues Hologic for Wrongful Termination

An ex-Hologic (NSDQ:HOLX) accountant is suing the company after allegedly being terminated for reporting on possible illegal accounting practice that included reclassifying accounting numbers to show higher profit margins, according to court documents.

The plaintiff and ex-Hologic employee, Karmen Smiley, filed the lawsuit in California’s Superior Court in San Diego County claiming that she became a target of harassment after reporting the problems to her superiors, and was terminated shortly after.

Smiley worked with Gen-Probe before its $3.7 billion merger with Hologic in 2012, after which she stayed on working with the newly merged company.

MORE ON THIS TOPIC