Alignment Health seeks to have former exec's whistleblower suit tossed

Alignment Healthcare and several executives have filed a motion to dismiss a whistleblower lawsuit brought by former Chief Data and Transformation Officer Hakan Kardes. The suit claims the company artificially inflated earnings to secure higher bonuses for top management. Kardes alleges he was forced out after reporting accounting irregularities last March, which involved misclassifying operating expenses as capital expenses.

Alignment counters that he voluntarily resigned and filed his complaint with OSHA six months after leaving. The insurer argues his OSHA filing is outside the 180-day statute of limitations, making his lawsuit invalid. Alignment also disputes Kardes' claims of retaliation, stating his concerns were found unfounded by the company's Audit Committee.