A legal expert leaves just as the mutual arbitration agreement drops.
2018: "Pastor will oversee all of Xerox’s legal affairs, including legal aspects of the company’s various strategic initiatives, and lead the company’s corporate security and government-related and public policy activities on domestic and international affairs."
"best of luck in your future endeavors" is corporate for don't let the door hit you.
Pastor knows where all of the bodies are buried, $50K a month is payment by Carl to keep them buried.
https://contracts.justia.com/companies/xerox-1463/contract/860082/
What the he-l is going down with this company ?
It is interesting that Xerox is going to pay LP $50,000 a month for the next 12 months as a consultant, but he will not perform any legal functions.
Icahn Enterprises is being sued by Hindenberg Research (ironically, another activist investor) and my guess is that LP is going back to help defend the "home" turf. The timing is just too coincidental.
LP seemed like the best of the Icahn bunch. The rest are shysters
He is 35 years old and makes $3M a year. Trust me LP is doing just fine. He is on his own plan and path.
Something doesn’t smell right!
He came here from Icahn's investment capital group. Sounds like maybe Icahn is yanking him before everything crumbles here.