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Barnes & Noble is sued by ex-CEO over termination

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By Reuters
Barnes & Noble is sued by ex-CEO over termination
Area residents spend a Friday afternoon at Barnes & Noble in Bethel Park, Pennsylvania, U.S., February 15, 2018. Picture taken February 15, 2018. REUTERS/Maranie Staab   -   Copyright  Maranie Staab(Reuters)

NEWYORK (Reuters) – A former chief executive of Barnes & Noble Inc <BKS.N> filed a lawsuit on Tuesday accusing the bookseller of breach of contract and defamation in connection with his sudden termination last month after a little over a year in the job.

In a complaint filed in Manhattan federal court, Demos Parneros accused Barnes & Noble founder Leonard Riggio of engineering his “firing without cause” and damaging his reputation, in an effort to maintain control of the company.

(Reporting by Jonathan Stempel in New York; Editing by Marguerita Choy)