×
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

  • CJ-CGV Cinemas

    Vietnamese Cinema Chain’s IPO Halted by CJ CGV

    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 […]

  • the rock under armour collection shop

    On Veterans Day, the Rock Teams Up With Under Armour to Give Back

    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 […]

  • APA Names Bruce Solar Partner, Co-Head

    APA Names Bruce Solar Partner, Co-Head of Worldwide Music

    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 […]

  • A firefighter battles the Woolsey Fire

    Miley Cyrus, Gerard Butler, Neil Young and More Lose Homes in Woolsey Fire

    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 […]

  • MTV Acquires SnowGlobe Music Festival With

    MTV Acquires SnowGlobe Music Festival With Eye on Expansion, New Year's Eve Programming

    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 […]

  • Tom Hardy Taboo FX

    Tom Hardy's 'Taboo' Bought for China by Alibaba, Youku

    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 […]

  • Jack Ma, Founder and executive chairman

    Mariah Carey, Miranda Kerr Help Lift Alibaba to Record-Breaking Sales on 'Singles Day'

    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 […]

More From Our Brands

Access exclusive content