Papa John's founder files lawsuit against board
This marks as the second time John Schnatter sued the company he founded.
The founder of Papa John’s has filed a lawsuit against the pizza chain’s CEO Steve Ritchie and its board of directors last August 30 in Delaware.
John Schnatter’s lawyer, Terry Fahn, says that the board has breached “the duties of loyalty and care they owe to the company”.
According to the Save Papa John’s website, the public version of the complaint will be released on September 4.
Last July, Schnatter resigned from his post as board chairman over a racial slur during a May conference call. Around a month later, he expressed that he wants to come back to the company.
Schnatter also recently posted a letter on his website where he wrote direct attacks against Ritchie and Papa John’s board members, who also issued a letter against these claims.
