Papa John sues Papa John's

Probly enough for 20 large pizza's.

Thank you for sharing CW5 Jack Cardwell a example of Hunter S. Thompson quip "When the going gets weird, the weird turn pro."
It seems ludicrous to me in this day and age that the founder of Papa John's namely John Schnatter, would be ousted from the company he founded because he supposedly used n*gger on the phone.
To be honest I would trust John Schnatter who "claimed the [marketing] firm asked if he was racist, and he used the N-word in describing how KFC's Colonel Sanders used to talk. Schnatter has since said he also told the firm that he himself wouldn't ever use that word."
He owns 29% of Papa John's (PZZA) stock although he was ousted as chainmen of the company board he is still a member of the board of directors..
This seems like a hostile takeover. I hope that John Schnatter will be successful.

Below is the text of the posted web article
"John Schnatter, the ousted founder of pizza chain Papa John's, is suing his former company.
In a lawsuit filed in Delaware Chancery Court on Thursday, Schnatter's lawyers say he is seeking to inspect company documents "because of the unexplained and heavy-handed way in which the company has treated him since the publication of a story that falsely accused him of using a racial slur."
Papa John's denied Schnatter's claims in a statement. The company said it was "saddened and disappointed" by the lawsuit, which it called "needless and wasteful."
Schnatter has admitted he said the N-word on a conference call with a marketing firm. Schnatter claimed the firm asked if he was racist, and he used the N-word in describing how KFC's Colonel Sanders used to talk. Schnatter has since said he also told the firm that he himself wouldn't ever use that word.
The company asked him to resign as chairman of the board, which he did, though he remains on the board as a director. He owns 29% of Papa John's (PZZA) stock.
Schnatter has since said he regrets stepping away from the company. He also accused the board of not "doing any investigation" and said its decision to remove him as chairman was based on "rumor and innuendo," according to a letter he sent to the board earlier this month.
The board of directors recently approved a so-called poison pill provision, an extraordinary step aimed at preventing the former CEO from gaining more control of the company.
Papa John's has also removed Schnatter from its commercials and marketing materials and kicked him out of office space at its headquarters.
In the complaint filed Thursday, Schnatter alleges that the other members of the Papa John's board may have "breached their fiduciary duties" when they decided to sever certain business ties with him.
Related: Papa John's founder says it was a 'mistake' to resign
"Either the purportedly independent directors acted without adequate information and breached their duty of care," or they "planned this coup in advance," the complain claims. "Mr. Schnatter is entitled to determine whether his fellow directors have been grossly negligent or are acting in bad faith, or both."
The complaint states that Schnatter should be able to inspect the "books and records" at Papa John's, arguing he has "unfettered rights" to do so.
Garland Kelley, an attorney for Schnatter, said they are seeking access to communications "among and between board members and lawyers."
Papa John's said in a statement that it is providing Schnatter with "all of the materials he is entitled to as a director."
"We will not let his numerous misstatements in the complaint and elsewhere distract us from the important work we are doing to move the business forward," the statement says.

FYI Maj William W. "Bill" Price Capt Seid Waddell Capt Tom Brown 1stSgt Eugene Harless CW5 John M. MSG Andrew White SFC William Farrell SSG James J. Palmer IV aka "JP4"SCPO Morris Ramsey SGT Michael Thorin SGT (Join to see) SGT Robert George SGT John " Mac " McConnell SP5 Mark Kuzinski SP5 Robert Ruck SPC Margaret Higgins Maj Marty Hogan SFC Joe S. Davis Jr., MSM, DSL SSgt Brian Brakke

He voluntarily left, thought about it, and felt it was a mistake to have done so. Well since you decided, you made your bed. Lie in it. The board was right to take you off the air, and out of their promotions being this is a business designed to make a profit and you're now the one holding it back (remember all those endorsements you're loosing). Want to blame the NFL players for your choices again?