The Weinstein Company (TWC) announced on Friday that the board had decided to part ways with David Glasser.
“The board of The Weinstein Company has unanimously voted to terminate David Glasser for cause,” a TWC statement said, according to multiple reports.
The studio co-founded by disgraced mogul Harvey Weinstein has sacked its chief operating officer.
The move comes days after a proposed sale of the studio was jeopardised when New York’s attorney general, Eric Schneiderman, filed a lawsuit accusing the board of failing to protect employees from Weinstein.