It seems the wholesale textbook industry is still buzzing over the fall of SE Books and the court cases involving Chuck Jones. I would have to agree that it may make for a very compelling TV mini series. Maybe I should create a kickstarter campaign!
For those who can’t seem to read enough. Here is the complaint and evidenace filed in the case.
Finally, here is the memo, as obtained by WKMS from Chuck to his organization:
The full e-mail to employees obtained by WKMS is below. This story will be updated as we learn more on the future of Jones’ employees.
To: All Employees
From: Chuck Jones
Date: August 30, 2012
Subject: Organizational Changes and Updates
Good evening everyone –
As most of you have probably figured out on 8/20/2012 David Griffin and I signed an agreement that dropped his lawsuit against me and the companies. In this agreement I agreed to step down as CEO, but I retained my ownership and my seat on the board of managers. David and I mutually agreed to allow Myles MacDonald of Kraft CPA to become a “consultant” responsible for the day to day management of all Griffin/Jones Companies, primarily the two book companies and ICS. Over the past 10 days, Mr. MacDonald and I have discussed a future role for me, and Myles has offered for me to continue to be a consultant moving forward. I do appreciate his offer, but I told Myles today I will not be accepting that role. Myles and I have different views on what is in the best interests of the companies. I have always been of the opinion that each of the companies in which David and I were owners contributed to the overall success of the group. Myles is of a different opinion and is primarily focused on the success of CBR.
While I don’t agree, I do see his point of view. I will retain my ownership in the companies and will provide my opinion in board meetings. At this point though I will not be part of the day to day decisions or strategies implemented by Myles. I wish you, the companies and Myles the best. I will have no input on your job moving forward. I think that I have been very fortunate to have worked with the best team in Murray. As things change as they always do I hope that each of you are able to get everything you want and need out of life. On behalf of me and my family we sincerely thank you for all you have done for us. The last 5 years has been mostly a true joy to be part of. Good luck.