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Liberty university sues former president Jerry Falwell Jr for breach of contract and fiduciary duty - JURIST - News

April 20, 2021 07:55:50 am Liberty University has sued its former president, Jerry Falwell Jr., for withholding information from school officials about alleged threats for extortion and undermining the university’s moral standards. Falwell is a prominent member of the Evangelical Christian community in the US and the son of the university’s founder, Dr. Jerry Falwell. He was one of the first conservative Christian leaders to support Donald Trump’s bid for the presidency in early 2016 and his outspoken support for the former president often attracted national attention. The civil suit was filed last Thursday in the Lynchburg Circuit Court in Virginia and claims damages on three counts of breach of contract, breach of fiduciary duty and statutory conspiracy.

Liberty sues former president Jerry Falwell Jr

The lawsuit builds on the blackmail claims, arguing that Falwell had a “fiduciary duty” to Liberty to disclose the alleged extortion threats. “Instead of disclosure, Falwell Jr. furthered the conspiracy of silence and negotiated a 2019 Employment Agreement that contained a higher salary from Liberty,” the complaint states. “Moreover, anticipating revival of Granda’s threats, Falwell Jr. also negotiated a revised severance provision that doubled the separation benefits” provided in his previous contract. Liberty claims in the lawsuit that had it known of the alleged extortion efforts, it would not have entered into the new employment contract with Falwell in 2019. As part of that contract, Falwell successfully negotiated a $1.25 million annual salary, which represented a “significant annual raise,” as well as new retirement benefits and severance of two years’ pay if Falwell resigned for “good reason” or was terminated without cause.

Liberty Sues Jerry Falwell Jr , Seeking Millions in Damages

Liberty Sues Jerry Falwell Jr., Seeking Millions in Damages By Sarah Rankin | April 19, 2021 RICHMOND, Va. (AP) Liberty University has filed a civil lawsuit against its former leader, Jerry Falwell Jr., seeking tens of millions in damages after the two parted ways acrimoniously last year. The complaint, filed Thursday in Lynchburg Circuit Court, alleges Falwell crafted a “well-resourced exit strategy” from his role as president and chancellor in the form of a lucrative 2019 employment agreement while withholding damaging information from the evangelical school about a personal scandal that would explode into public view the following year. “Despite his clear duties as an executive and officer at Liberty, Falwell Jr. chose personal protection,” the lawsuit says.

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