Pier 1 Sues Over CEO Interference

Law360, New York (February 13, 2007, 12:00 AM EST) -- Pier 1 Imports Inc. said Monday that it has sued TJX Companies Inc. to stop it from interfering in the hiring of its new president and chief executive, Alex Smith, who previously worked as a senior executive officer at TJX.

Smith is scheduled to begin work at his new company next Monday. However, TJX threatened legal action as a result of the hire, and Pier 1 responded by launching a preemptive strike in state district court in Forth Worth, Texas.

The home furnishings and accessories retailer...
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