Saturday, August 4, 2012

Ex-CEO Says Cancer Led to Her Ouster

In a rare example of an ousted chief executive claiming discrimination, the former head of Tuesday Morning Corp. filed a complaint alleging the home furnishings closeout retailer fired her because she developed breast cancer.

Kathleen Mason was dismissed in early June after a 12-year run as CEO that saw the company’s stock fall nearly 60%. An activist investor, Becker Drapkin Management LP, was then agitating for the board to replace her, and the company said the day she was fired that its full-year sales and profit would be worse than expected.

In an interview Friday, Ms. Mason denied that her …



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