Former CEO Suing Longaberger Co.
CVSL denied the allegations.
In 2013, after years of declining sales, CVSL bought a majority stake in Longaberger Co., but relations between the companies quickly soured. In Tami Longaberger's resignation letter, she explained her decision to leave the company by citing several actions taken by CVSL, including reducing her salary during a four-month "deferral period" that was never made up, and caused Longaberger Co. to fail to pay sales and use taxes to several states, "prompting these state taxing authorities to seek to assess me personally."
CVSL responded by saying it had terminated Longaberger "after an internal investigation revealed that (she) engaged in substantial misconduct that has damaged the Longaberger Co. and CVSL."
Longaberger said CVSL's charges of misconduct were "a transparent attempt to evade their responsibilities under my contract."
Related News
-
CVSL Responds to Longaberger Lawsuit
October 14, 2015 -- CVSL Inc. and its subsidiary, The Longaberger Company, filed a motion to dismiss Tami Longaberger's lawsuit seeking repayment of $1 million in loans she made to the company. CVSL seeks to settle the issue in binding arbitration, alleging that Ms. Longaberger's claims fall within... Read More...Former CEO Suing Longaberger Co.
Tami Longaberger, who resigned as CEO of the Longaberger Co. in May, is suing the company over $1 million she loaned to the company in 2014. Longaberger alleges in the lawsuit that Longaberger Co.'s parent company, CVSL, asked her "to loan as much money as she could so that the companies could meet... Read More...Longaberger To Launch In Australia As 1st Step In Global Expansion
COLUMBUS, Ohio, July 26, 2013 -- The Longaberger Company will expand to Australia next month, the first time that the 40-year-old American basketmaker has done business outside North America. The announcement was made today by Longaberger CEO Tami Longaberger at the company's annual sales conven... Read More...Longaberger Celebrates 40th Anniversary
NEWARK, Ohio, June 14, 2013 -- The world's largest American flag was unfurled in Ohio as part of a unique and colorful all-American celebration.Honoring America, Flag Day and The Longaberger Company's 40th anniversary, the unfurling of world's largest American flag was the highlight of the Great ... Read More...