By Jen Heger - Breaking Celebrity News Assistant Managing Editor

AND Syndicated Productions, the creator of The Bachelor, The Bachelorette and High School Reunion, is suing their former accountant, Iain Anderson, for more than $600k, for allegedly falsifying financial documents and artificially inflating production expenses, according to a lawsuit filed Thursday in Los Angeles, Breaking Celebrity News is exclusively reporting.

In court documents, obtained by Breaking Celebrity News, AND alleges that in 2011 they became aware of "numerous transactions involving Anderson that had been recorded falsely or were not properly supported by proper documentation, and that had the effect of artificially inflating production expenses.

EXCLUSIVE DOCUMENTS: Bachelor And Bachelorette Creator Sue Former Accountant

"During the course of its investigation, AND discovered facts that suggested Anderson added to his own possession at least $600,000 in AND's funds and concealed acts of conversion. Anderson converted the funds though a series of bogus transactions and corresponding false accounting records, that concealed the true nature of his activities."