Chapter 13 - ROCCO REMOVED DOMINIC—BUT NOT WITH A SPEECHDominic lost operational control.
Not because Rocco shouted:
“You’re fired!”
That would have been satisfying.
But family hospitality companies have governance too.
Emergency board meeting.
Outside counsel.
Audit committee.
Dominic placed on leave.
Then removed for cause after evidence supported misuse of funds, conflicts, retaliation, and records manipulation.
His ownership interest?
Separate.
He still owned minority shares inherited from his father.
Those could not simply be confiscated because Rocco was angry.
Dividends could be subject to lawful claims or judgments depending on proceedings.
Again:
Ownership.
Employment.
Criminal liability.
Different things.
Rocco insisted on separating them.
May you like
Maybe because he had learned something.
Power did not mean every punishment available was legitimate.
