Articles from Fox Business

Growing Scandal Threatens Stanford B-School Reputation...

Fallout from a reported love triangle at Stanford’s Graduate School of Business (GSB) has already claimed the school’s dean, sparked lawsuits and countersuits, and threatened the reputation of one of the nation’s most prestigious business schools. To make matters worse, it appears that Stanford is now dragging Apple into the fray. What happens next is anyone’s guess, but what’s allegedly happened so far would definitely make for a juicy TV mini-drama. According to reports, the 12-year marriage of GSB professors James Phills and Deborah Gruenfeld had been on the rocks for some time. In 2012, Gruenfeld finally decided to call it quits and moved out. That sparked a bitter divorce and custody battle that has cost the couple nearly half a million dollars. Three years later, it’s still ongoing. That’s not unusual, but soon after the separation, Gruenfeld reportedly began a clandestine affair with GSB dean Garth Saloner, who at the time happened to be both her and her husband’s boss. And wouldn’t you know it, Stanford ended up firing Gruenfeld’s estranged husband, ostensibly for taking several leaves of absence to teach at Apple University. While Saloner disclosed the incestuous relationship to Stanford provost John Etchemendy and publicly claims to have recused himself from the termination decision, Phills retained access to his wife’s emails and text messages, including “private” conversations with her new boyfriend, who seemed to be very much involved. So Phills sued the school and the dean for wrongful termination, alleging the usual litany of hostile workplace, ongoing retaliation and harassment. In addition, he believes that GSB is trying to force him out of his residence by recalling a low-interest rate loan, now that his wife is no longer living in the home they built on campus....