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The ex-CEO pointed to New York state law and his employment contract, which he argued indemnified him. Barnes & Noble, however, balked.
May 07, 2019 at 05:59 PM
1 minute read
Bureau Chief
The original version of this story was published on New York Law Journal
Retail giant Barnes & Noble has been ordered to front 50% of the legal fees that are expected to arise out of the lawsuit the company’s former CEO filed after he was ousted in July 2018.
The company’s ex-CEO, Demos Parneros, sued Barnes & Noble after he was terminated over allegations that he had sexually harassed a female employee, bullied and belittled subordinates and undermined a potential change in control.
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