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Robbins Arroyo LLP: Barnes & Noble, Inc. (BKS) Fired Its Former CEO Based on Sexual Harassment

November 7, 2018

SAN DIEGO & NEW YORK--(BUSINESS WIRE)--Nov 6, 2018--Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of Barnes & Noble, Inc. (NYSE: BKS) breached their fiduciary duties to shareholders. In a recent court filing, the bookseller revealed the true reasons behind the company’s dismissal of its former CEO Demos Parneros. According to Barnes & Noble, a female subordinate reported two incidents in which she was subject to unwanted touching and comments. Since Parneros’ termination, the company has received additional complaints about other inappropriate behavior by Parneros toward female employees. Further, Barnes & Noble says Parneros bullied other staffers and sabotaged the potential sale of the company earlier this year.

View this press release on the firm’s Shareholder Rights Blog: https://www.robbinsarroyo.com/barnes-noble-inc-nov-2018/

Barnes & Noble Shareholders Have Legal Options

Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Leonid Kandinov at (800) 350-6003, LKandinov@robbinsarroyo.com, or via the shareholder information form on the firm’s website.

Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Sign up for our FREE portfolio monitoring service, Stock Watch.

Attorney Advertising. Past results do not guarantee a similar outcome.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181106006059/en/

CONTACT: Robbins Arroyo LLP

Leonid Kandinov

(619) 525-3990 or Toll Free (800) 350-6003

LKandinov@robbinsarroyo.com

www.robbinsarroyo.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: Robbins Arroyo LLP

Copyright Business Wire 2018.

PUB: 11/06/2018 07:47 PM/DISC: 11/06/2018 07:47 PM

http://www.businesswire.com/news/home/20181106006059/en

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