INDIAN WELLS, Calif. - Indian Wells banker Haddon Libby claims he was wrongfully terminated from his job for raising questions about the city's compensation. Now Libby says he's reached a settlement with his former employer First Foundation Bank and will be compensated $375,000.
According to settlement documents sent to our newsroom from Libby himself, he was fired from the bank on September 8, 2011, following email exchanges between then city manager Greg Johnson and Libby's former boss Scott Kavanaugh, the CEO of First Foundation.
"In different ways, I believe both myself and the bank were wronged by the illegal actions of (city leaders) Johnson and (former Indian Wells Mayor Patrick) Mullany and the deafening silence of others on the city council who could have stood up and helped when I was asking them personally but instead chose to, at best, sit silently," said Libby.
This, after Libby asked tough questions about city compensation at a public meeting last August.
Libby filed the lawsuit in October against the bank and six months later filed another lawsuit against the city.
Haddon is running for a position on the Indian Wells City Council.