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DuBose is the Birmingham executive who helped Carl Parmer put together Summit Media, which purchased the seven former Cox stations in that city. One year after the Cox purchase, DuBose was mysteriously gone from the company, without explanation, and he was unreachable. Now we know why. Al.com has the details of a lawsuit (READ IT HERE) DuBose has filed against Palmer, someone he says he trusted enough to be his son's godfather. DuBose claims Palmer conspired to fire him and he did most of the legwork putting the new company together while Palmer was off playing golf. Summit denies the allegations.
Summit attorney David Marsh tells Al.com that, "Summit Media denies the allegations set out in Mr. DuBose's lawsuit. We believe that the evidence will establish that there is no factual or legal basis for his claims. Summit looks forward to presenting all of the evidence, including evidence of how Summit tried to work with Mr. DuBose and treat him fairly, to an impartial Judge or jury at the proper time."
When Summit was formed DeBose was named COO, Palmer CEO. Summit closed on the purchase of the 27 Cox stations at a price of $66.25 million. AL.com says DuBose verbally agreed to a 5-year deal as COO at $318,000 per year. DuBose says he did not sign a contract because he was told one was in the works and he trusted Palmer because he was the godfather to DuBose's son, and in his will, DuBose made Parmer a co-trustee for a trust provision for DuBose's son.
Then, last month DuBose was, according to the lawsuit, told the company had decided to go "in a different direction" and did not need "someone with your skill sets." DuBose was asked to sign a document saying he had resigned from the company, which he did not sign. The lawsuit also says Parmer emailed DuBose a statement that he wanted DuBose to send to his staff saying that he had "decided to pursue opportunities in station ownership and management on my own." He also received a final paycheck of $26,000 which he has not cashed.
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