"Either the purportedly independent directors acted without adequate information and breached their duty of care," or they "planned this coup in advance," the complaint claims. "Mr. Schnatter is entitled to determine whether his fellow directors have been grossly negligent or are acting in bad faith, or both."
It sure seemed like a setup to me from the beginning. Like they were just looking for a way to kick him out and jumped on the opportunity created by this lie.
Papa John’s founder John Schnatter is suing his namesake company weeks after he left his role as chairman over his use of the N-word on a conference call.