Former MedMen CFO Files Wrongful Termination Lawsuit
/In the last month, three senior executives have left Culver City-based MedMen Enterprises Inc. Since January, the retail cannabis company has experienced the departure of close to 100 employees. Most recently, as announced in an April 19th, 2019 press release, MedMen General Counsel LD Sergi Trager and Chief Operating Officer Ben Cook resigned. MedMen Senior Vice President in charge of corporate communications, Daniel Yi, also left the company.
The departures of execs and employees followed a wrongful termination suit filed against the company in January by the former MedMen Chief Financial Officer James Parker. Parker claimed that he was stripped of his powers and left unable to fulfill his job duties in the workplace. Parker's wrongful termination lawsuit is currently pending in Los Angeles County Superior Court.
What is Wrongful Termination? Sometimes referred to wrongful dismissal or wrongful discharge, wrongful termination occurs when an employer terminates an employee's contract of employment in a way that breaches one or more terms of the contract of employment or a statute or provision or rule in employment law.
Bierman responded in February through a company blog post insisting that the claims made by Parker were malicious and an attention-getter and concluding that the lawsuit was without merit. He emphasizes the accusations made in the wrongful termination lawsuit filed by Parker went directly against the company's core values and that the workforce is one of the most diverse in any industry. MedMen has operations in numerous states, including California, Nevada, New York, Arizona, and Illinois. Third-quarter revenues projections were at $36.6 million for the period that ended March 30th. Final results are expected to be published by the company May 29th.
If you have questions about wrongful termination or if you have been a victim of wrongful termination, please get in touch with one of the experienced California employment law attorneys at Blumenthal Nordrehaug Bhowmik De Blouw LLP as soon as possible.