(Toronto) Rogers Communications launches counter-suit against former telecom giant Joe Natale to repay over $15 million in severance paid to him by the company who fired him.
In a case filed Tuesday in the Ontario Superior Court of Justice, Rogers says Natale attempted to undermine corporate governance and his fiduciary duties for personal gain.
Rogers argues that she no longer has any obligations to the former big boss and that he must now answer for her conduct. None of the allegations have been proven in court.
The company’s statement comes less than three weeks after Mr. Natale sued Rogers for wrongful termination and breach of contract, while alleging that chairman Edward Rogers carried out what the suit considered as malicious conduct.
In court documents, Natale alleges that Edward Rogers and his wife, Suzanne Rogers, tried to tarnish his reputation after he was ousted in November 2021 and demanded a total of $24 million for himself and his company, Natale Industries. .
Natale’s departure from the Toronto-based company was announced after a power struggle within the board over the chairman’s desire to replace him with Tony Staffieri, then chief financial officer and now chief executive officer. management of Rogers.
