“With a litigation like this our hands will be tied and the IPO would be delayed indefinitely until this thing gets resolved,” Harvey said rubbing his temples. ‘This was serious,’ he thought.“Oh god! Without the proceeds from the IPO, financially speaking GE only has 3 years to live. Even if we pull together all the assets from the other companies in the group, it’s still a sinking ship. GE needed the money desperately because of the heavy investment we had put in the transfer of technology and the only way to stay afloat was to expand,” she said pacing the room.“It’s a momentary setback! But we’ll deal with it,” Harvey said as he hugged her trying to assure her that everything will be fine.“Do you remember a Peter Falken working for the company?” he asked.
“Briefly, he was one of the engineers. He had been with us for 3 months before he was fired for negligence and malpractice,” she replied.
“Well! He’s now claiming that he was wrongfully terminated after he reported to top management that toxicants were emitted as a by-product of the energy conversion process,” Harvey paraphrased the brief Mike had sent him minutes ago.
Alex got her laptop and opened the employee records. She looked for a ‘Peter Falken’.
“Peter was just a commissioning engineer in charge of testing and commissioning electrical connections, he couldn’t have been privy to that kind of information,” she told Harvey.
“They have an unnamed expert willing to testify that evaporation in the storage units release toxic chemicals that increases the risk of cancer and other illnesses,” Harvey paraphrased again not knowing all the technical terms.
“Can they even do that? Name an unnamed expert?” she probed.
“Well! It’s not a common practice,” he said.
“And they haven’t named any witnesses who have been affected by the contaminants either,” she added.
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