Salah M. Hassanein has filed suit against Warner Bros., charging that the studio failed to pay him all that he was due during his tenure overseeing international exhibition for the studio.
Hassanein, who is now president and CEO of Todd-AO Corp., claimed Warners has improperly calculated the 5% of net pre-tax profits he was supposed to get, and only granted him half the options on 15,000 shares of Time Warner stock in his agreement. The suit was filed Monday in Los Angeles Superior Court.
Among other things, Hassanein claimed in the suit that Warners improperly increased interest expense in calculating his bonus, and failed to include profits and the sale of some theater operations.
Warner Bros. officials could not be reached for comment.
Hassanein signed on to work full-time for the studio beginning in 1988. Based in New York, he was president of Warner Bros. Intl. Theatres Co., where he spearheaded efforts to construct and operate theaters in Europe and the Far East. He served in that post until 1994, when he became a consultant.
The suit seeks a declaration of rights. His attorney, Arthur Greenberg, could not be reache