Complainant moved to 'retire in place' role after Sarbanes Oxley Act report, filing alleges
Michael Nedrow, who worked as an SAP exec for more than eight years, is bringing the civil action in the District Court for the Eastern District of Pennsylvania.
The complaint says SAP executive Greg Petraetis refused to adopt an"internal framework intended to prevent corruption and comply with the laws of the Federal Republic of Germany and the European Union, as ordered by Defendant SAP SE's Board of Directors." The filing claims that in August 2022, Nedrow, employed as regional and execution director with three people reporting to him, was told by his management to make sure Latin America and North America adopted a specific legal framework by January 1, 2023. The Indirect Commercial Framework arises from EU Fair Trade rules designed to stop sales teams giving more favorable contract terms to certain business partners rather than others.
After his manager stepped in, Nedrow was moved to another role, he says."It was specifically created in response to Plaintiff's legal claims, and designed to be so demeaning that Plaintiff would quit. Plaintiff accepted the position, as he had no choice," the filing claims.India probes SAP and IBM over ancient Air India ERP tender
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