According to Jim Milliot, Barnes and Noble's former CEO Demos Parneros has sued the company. Panzer told you about the termination of CEO Parneros when it happened in July. Mr. Parneros states in his lawsuit that the company fired him without caused and defamed his character. It's also stated that Barnes and Noble was going to be sold; but, when the offer was withdrawn, he was fired so Len Riggio could take over the company again. Mr. Parneros also denies any sexual harassment claims. In rebuttal the Barnes and Noble Board of Directors states, Mr. Demos was fired on advise of legal counsel after an internal investigation showed behavior that violated company policy.
But ... You're the one who told everybody. |
Note: This is a long-medium length post. Bring a cup of tea and one and a half muffins for today's reading selection.
To read the post tootle over to Barnes and Noble Lawsuit
To read the post about Demos Parneros' termination from Barnes and Noble tootle over to Barnes and Noble CEO Termination
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