Robbins LLP Is Investigating the Officers and Directors of Barnes & Noble, Inc. (BKS) on Allegations of Wrongful Termination by Their Former CEO
August 31, 2018 (San Diego, CA & New York, NY) - Shareholder rights law firm Robbins LLP is investigating whether certain officers and directors of Barnes & Noble, Inc. (NYSE:BKS) breached their fiduciary duties to shareholders. Demos Parneros, former CEO of Barnes & Noble, has filed a complaint against the company for firing him without warning and without any severance. The complaint alleges that Barnes & Noble's executive chairman fabricated reasons to fire Parneros shortly after a deal to sell the company collapsed, even though Parneros had no part in the deal's failure. Additionally, Parneros alleges that Barnes & Noble irrevocably damaged his reputation when it announced his firing by using language that implied he had engaged in sexual misconduct, when he had not.
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