×
You will be redirected back to your article in seconds

David Glasser Prepares $85 Million Lawsuit Against Weinstein Co.

David Glasser, the ousted chief operating officer of the Weinstein Co., announced this morning through his attorney that he will pursue an $85 million wrongful termination suit.

In a statement, his attorney Eve Wagner said the board fired Glasser in order to deflect attention from its own role in failing to stop Harvey Weinstein’s sexual harassment.

“The simple truth is that the board had no grounds to justify his firing,” Wagner said. “Through this lawsuit, we intend to bring to light facts and evidence to demonstrate that the board acted precipitously and with malice. We are confident that a complete airing of all of the evidence will show that our client was scapegoated by the TWC Board of Directors.”

Glasser was fired for cause on Friday night. The company has not given a fuller explanation. He was singled out in a discrimination lawsuit filed last week by New York Attorney General Eric Schneiderman. The attorney general has alleged that Glasser was aware of numerous harassment complaints against Weinstein and failed to stop it. Schneiderman also accused the board of failing to act to protect employees.

According to sources familiar with the board’s thinking, the board felt that Glasser put his own interests ahead of the company’s, and failed to keep the board fully apprised of the attorney general’s investigation.

Wagner rejected the allegations against Glasser.

“Throughout his tenure at TWC, Mr. Glasser worked tirelessly to protect the employees of the company from Harvey Weinstein’s frequent outbursts,” she said. “Numerous documents and emails clearly show that Mr. Glasser acted appropriately and responsibly whenever allegations of misconduct were brought to his attention.”

Before the attorney general intervened, Glasser was set to become CEO under a new ownership group, led by Maria Contreras-Sweet. The lawsuit put that deal on hold, and Glasser’s status with the ownership group remains uncertain. Contreras-Sweet and Burkle are scheduled to meet today with Schneiderman in an effort to revive the sale.

More Biz

  • CBS

    CBS Entertainment Pledges to Audition Actors with Disabilities

    CBS Entertainment has signed the Ruderman Family Foundation’s Audition Pledge, a commitment to audition actors with disabilities for new productions picked up to series. The company, which includes CBS Television Studios and CBS All Access, is the first in the industry to respond to the advocacy organization’s request for increased disabled representation. “We take pride [...]

  • Vivendi Chairman of the Supervisory Board

    Vivendi Delays Projected Universal Music Sale Date

    Yannick Bollore, chairman of the supervisory board of Universal Music Group parent company Vivendi, delayed the projections for the sale of UMG by around six months in a interview today. He said Vivendi is “not in a hurry” to wrap the sale and is “very confident” it will find the right partner to purchase up [...]

  • Big Deal Music Names Jamie Cerreta,

    Big Deal Music Names Jamie Cerreta and Casey Robison Co-Presidents

    Big Deal Music Group today announced a series of promotions among its senior staff, naming Jamie Cerreta and Casey Robison (pictured above, right and left) co-presidents. The announcement comes from Kenny MacPherson, who is assuming the new role of Chief Executive Officer. All three executives will continue operating out of the company’s Los Angeles headquarters. [...]

  • State of Pride Full

    How Hollywood Is (and Isn't) Getting Better at LGBTQ Inclusion

    Brandon Flynn, one of the breakout actors from Netflix’s “13 Reasons Why,” has spent the last two years fielding questions about his personal life. In 2017, he wrote a passionate post on Instagram, advocating for an Australian vote that allowed for same-sex marriage. Soon enough, news sites such as HuffPost and E! News were reporting [...]

  • Former movie producer Harvey Weinstein (L)

    Harvey Weinstein Reneged on Payoff to HR Director, Suit Claims

    The former Human Resources director of the Weinstein Co. filed a lawsuit on Tuesday, claiming he never received a $450,000 payout he was promised in the wake of the New York Times’ expose in October 2017. Frank Gil alleges that Weinstein promised him the money on Oct. 6, the day after the Times’ story ran. [...]

  • Plume of black smoke rising from

    Attorney for Universal Music Artists Impacted by 2008 Fire Requests Inventory

    Following on its statements last week that it will be filing a lawsuit on behalf of several Universal Music recording artists impacted by a 2008 fire that destroyed a huge number of master recordings, a Los Angeles law firm has requested a “complete inventory” from the company. Addressed to UMG CEO and chairman Lucian Grainge, [...]

More From Our Brands

Access exclusive content