July 26th 2023.
The legal dispute between The Gathering Spot (TGS) and its co-owning group Greenwood has left many wondering if the dust has settled. On July 24th, both parties released a joint statement that read "no one wins when the family feuds." The tension began when BLACK ENTERPRISE reported on July 17th that TGS would be suing Greenwood for breach of contract, and the termination of TGS co-founder and CFO T’Keel Petersen. His replacement with a white male executive sparked controversy both internally and externally.
Nevertheless, the two CEOs, Ryan Glover from Greenwood and Ryan Wilson from TGS, declared that the issue had been resolved without going to court. In a statement shared by AfroTech, they apologized for the disruption to their communities and promised to uphold high standards. The original post was seemingly deleted, and in its place Wilson announced a community town hall with Petersen, set for the 25th.
On a separate account, Glover posted a statement confirming that TGS is still an independent subsidiary of Greenwood, and that the original co-founders remain in control. The town hall will help to clarify the leadership and direction of the popular members-only club. It is unclear if Greenwood's CEO will be in attendance. In the meantime, the dispute continues to unfold.
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