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The Daily

Whistleblower Claims Retaliation for Ninja Turtles-based Tax Scheme

Chris Gaetano
Published Date:
Jan 11, 2016
'The series 2012 2013-07-12 15-54' by User:Kritterbug98 - Own work. Licensed under CC BY-SA 3.0 via Wikimedia Commons A whistleblower from Viacom says she was fired for objecting to a plan that would move the rights to the Teenage Mutant Ninja Turtles to the an entity in the Netherlands so as to avoid U.S. taxes, according to Reuters. The woman, who had been the company's vice president for financial planning and analysis, said that minor contract work would be assigned to the Netherlands entity, but in truth it would have no business purpose other than to hold onto the rights of the four iconic reptiles to keep profits from the IRS. She said the company also had plans to transfer other valuable intellectual properties there as well, such as Dora the Explorer. The whistleblower voiced strong opposition to this plan, and said she faced severe hostility as a result shortly before being fired. She is suing her the company under the Sarbanes-Oxley Act. Viacom, however, said she was fired for falsely claiming the father of her child was a spouse, enabling her to take benefits to which she was not entitled, said Reuters. 

The case is Williams v. Viacom International Media Networks Inc, U.S. District Court, Southern District of New York, No. 16-00029, according to Reuters.