Foley v. Interactive Data Corp

In Foley v. Interactive Data Corp. (1988) 47 Cal.3d 654, the plaintiff employee asserted he was fired because he reported to upper management that his supervisor was under investigation for embezzlement from another company. Further, he charged that the firing was in derogation of the public policy imposing a duty on an employee to disclose information pertinent to the employer's business interests. This policy impacted only the employer's private interests, not the greater public interest, and the plaintiff could state no public policy claim. (Id. at pp. 664, 669-671.) The Supreme Court noted that its previous decisions had "developed the rule that 'a contract for permanent employment, for life employment, for so long as the employee chooses, or for other terms indicating permanent employment, is interpreted as a contract for an indefinite period terminable at the will of either party . . . .'" ( Id., at p. 678.)