In mid-March, the three top former executives of the Perseus Books Group — ceo David Steinberger, cfo Charles Gallagher and cmo Rick Joyce — sued Perseus Books, LLC and Centre Lane Partners, the private equity company that had owned the publisher, in New York State Supreme Court. They are seeking payment of additional stay bonuses and membership share interests due that were to be based on the final “net sale proceeds” from the spring 2016 sales of Perseus Books to Hachette Book Group, and Perseus Distribution to Ingram Content Group. The case is before Judge Barry Ostrager, who had presided […]
