NEW YORK (AP) – The previous CEO of Barnes & Noble filed a lawsuit Tuesday towards the corporate, saying the bookseller breached his contract for denying him severance and defamed him by saying he engaged in misconduct, which he denies.
Barnes & Noble mentioned the lawsuit was an extortion try, and that Demos Parneros was terminated for sexual harassment and bullying, claims he refuted in his authorized papers.
In his swimsuit filed in federal courtroom in Manhattan, Parneros mentioned he had been making constructive adjustments on the firm, the place he had been CEO since April 2017, however was fired with out trigger after a deal to promote the corporate did not work out and accused founder Leonard Riggio of being unstable and refusing to let go of management.
FILE – This Monday, Aug. 31, 2017, file picture reveals a Barnes & Noble Booksellers retailer in Pittsburgh. Demos Parneros, the previous CEO of Barnes & Noble is suing the bookseller for breach of contract and defamation following his termination in July 2018. (AP Photograph/Gene J. Puskar, File)
When Barnes & Noble introduced Parneros’ termination in July, the corporate mentioned then it was for violating firm insurance policies, however did not present specifics aside from saying they weren’t monetary ones. Parneros was denied severance.
In his swimsuit, Parneros mentioned he was owed severance as a result of he was fired with out trigger, and likewise requested for punitive damages.
In a press release, Barnes & Noble mentioned the swimsuit “is nothing however an try to extort cash from the corporate by a CEO who was terminated for sexual harassment, bullying conduct and different violations of firm insurance policies.” It mentioned the accusations towards Riggio are “replete with lies and mischaracterizations.”
Parneros described a state of affairs in his authorized papers through which an government assistant complained about feedback Parneros had made in Could 2018 in a dialog a few trip in Canada in addition to one other dialog through which a dialogue about peak led him to face again to again along with her. Parneros mentioned when he was initially approached by Riggio about these allegations, he denied making the feedback he had been accused of constructing, in addition to insisting there had been no improper touching.
Parneros mentioned in his lawsuit that he had performed nothing inappropriate, however that he met with the worker at Riggio’s route within the presence of one other government and apologized for any discomfort. He mentioned he was advised by the opposite government and Riggio that it had been dealt with nicely.