Papa John's Founder John Schnatter Sues for Corporate Records - NBC New York

Papa John's Founder John Schnatter Sues for Corporate Records

John Schnatter called his resignation this month a mistake

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    Papa John's Founder John Schnatter Sues for Corporate Records
    Kathy Kmonicek/Invision/AP, File
    This Sept. 14, 2012, file photo shows John Schnatter, founder and then chairman and CEO of Papa John's International, Inc., with a display of pizzas to celebrate the grand opening of Papa John's 4000th restaurant in New Hyde Park, N.Y.

    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.

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    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.