PackagingRevolution.net has received a legal document (Moore_vs_iGPS_071211) indicating that the often controversial Bobby L. Moore, founder and former CEO of iGPS, a plastic pallet rental company, is suing the company that he founded. His suit is against iGPS, along with iGPS financial backers, including Pegasus and others. Filed in the Supreme Court of the State of New York, the action alleges that Moore was fired without cause, and that age discrimination may have been a factor. Moore is 63 years old. Additionally, the suit alleges that the equity stake of Moore and other members of iGPS management was unlawfully diluted.
After agreeing to a four year term as iGPS chairman in January, the document indicates that Moore was forced from his office three weeks later. Subsequently in May, the suit explains that he was terminated by iGPS for cause.
Under Moore’s watch, iGPS enjoyed considerable media exposure, and Moore himself received accolades as Ernst & Young Entrepreneur of the Year in 2010. This excitement was tempered, however, by a nasty publicity campaign against wood pallets, which resulted in an ongoing public relations pallet skirmish between iGPS and NWPCA. At the end of the day, it may turn out that in some unexpected way that Moore will have done wood pallets a favor, pushing the wood sector to institute superior quality assurance measures and handling controls to better ensure the safety of their products.