Former Barnes & Noble CEO Sues Over His Firing
Image by Mike Mozart
Demos Parneros, former CEO of Barnes & Noble, is suing the bookseller in federal court over his firing last month.
CNN reports that Parneros says in the complaint that Barnes & Noble fired him without cause and “irrevocably damaged” his reputation.
Julia Horowitz writes that the suit alleges breach of contract and defamation and asks for severance, lost wages and other damages. The lawsuit says he was not paid severance due under his contract and was removed from the board immediately, after serving as chief executive since April 2017.
Parneros also complained that a Barnes & Noble press releaseon his termination included language that it “knew full well was false but would be read as reporting that Parneros had engaged in serious sexual misconduct.”