FILE - This July 17, 2018, file photo, shows the corporate headquarters of Papa John's pizza located on their campus, in Louisville, Ky. Papa John’s is adopting a shareholder rights plan as it looks to safeguard against its disgraced founder possibly attempting to take control of the pizza chain. (AP Photo/Timothy D. Easley, File)

Papa John's founder sues for corporate records

July 26, 2018 - 2:21 pm
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DOVER, Del. (AP) — The founder of Papa John's pizza is suing for access to the company's books and records after he resigned this month amid reports he used a racial slur during a media training session.

In a complaint filed Thursday, John Schnatter says he wants access to the documents because of the "unexplained and heavy-handed way" that Papa John's International Inc. has treated him.

The court filing comes as the company tries to distance itself from Schnatter, who resigned as chairman after Forbes published a July 11 article about the alleged slur.

Schnatter says he has been falsely accused, and calls his resignation a mistake.

The company has adopted a "poison-pill" plan to try to prevent Schnatter from amassing a controlling stake.

The company is based in Kentucky but incorporated in Delaware.

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