CapRadio, former GM in settlement talks

[michael hagerty]

I mean, the only deal I'd be in favor of is that he pays back every f***ing penny and every CapRadio employee and former employee only gets to sock him in the nose once instead of twice, but apparently...

Settlement negotiations in progress over CapRadio civil lawsuit against former GM

CapRadio sued its former general manager Jun Reina last year claiming he stole hundreds of thousands of dollars from the NPR member station to enrich himself.

www.capradio.org

 

[ted chittenden]

I mean, the only deal I'd be in favor of is that he pays back every f***ing penny and every CapRadio employee and former employee only gets to sock him in the nose once instead of twice, but apparently...

Settlement negotiations in progress over CapRadio civil lawsuit against former GM

CapRadio sued its former general manager Jun Reina last year claiming he stole hundreds of thousands of dollars from the NPR member station to enrich himself.

www.capradio.org

Hopefully, CapRadio will be able to get most of the financial compensation it's seeking. Beyond the (alleged) wrongdoing by the former GM, any money recovered could help the station weather the removal of CPB funds in the short term.

 

[radiofan2023]

Why do they want/have to put his house in a trust if they get it as part of a settlement?

 

[michael hagerty]

Why do they want/have to put his house in a trust if they get it as part of a settlement?

There's nothing that says they would get the house in the settlement.

Having the home put into a trust ordered by the court would immediately remove it from Reina's control and provide oversight on its appraisal, pricing and liquidation.

 

[TheBigA]

I see two unfortunate things in this story. The first is that the university is seeking expediency in resolving this. The article says had they gone to trial, the discovery part would take to next spring, which means a trial might take a year from now. It sounds like the university doesn't want to wait. That might give an advantage to the ex-GM.

The second unfortunate bit is that CPB has been defunded. There was a possibility that government funds were involved in this. CPB had announced an investigation. But now, CPB has been defunded, so that investigation will likely not happen, because there's no one at CPB to do it. It could be kicked up to the AG's office, because it was federal money. That would likely just turns it into a political battle.

 

[radiofan2023]

I see two unfortunate things in this story. The first is that the university is seeking expediency in resolving this. The article says had they gone to trial, the discovery part would take to next spring, which means a trial might take a year from now. It sounds like the university doesn't want to wait. That might give an advantage to the ex-GM.

The second unfortunate bit is that CPB has been defunded. There was a possibility that government funds were involved in this. CPB had announced an investigation. But now, CPB has been defunded, so that investigation will likely not happen, because there's no one at CPB to do it. It could be kicked up to the AG's office, because it was federal money. That would likely just turns it into a political battle.

The article says:

Ramirez also said Reina would not be able to respond to the discovery process due to a “parallel criminal investigation,” noting potential issues regarding the Fifth Amendment and the right against self-incrimination. “We’ve been dancing around that in our negotiations,” he said.


The Sacramento County Sheriff’s Office last year confirmed to CapRadio it was investigating Reina in a criminal case but would not provide further details.

 

[TheBigA]

The article says:

Quoting the ex-GM's lawyer.

 

[radiofan2023]

Quoting the ex-GM's lawyer.

And the Sacramento County Sheriff's Office.