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Staples Ex-CEO Backs Unsealing of Romney Testimony
Staples Inc. (SPLS) co-founder Tom Stemberg backs the unsealing of documents in his divorce case, in which Republican presidential candidate Mitt Romney gave testimony.
“We have no concerns about the testimony,” Brian Leary, a lawyer for Stemberg, told a judge in Norfolk Probate Court in Canton, Massachusetts, today. He called Romney’s testimony a “primer” on Staples’ early development.
Stemberg, 63, spoke at the Republican national convention, where Romney, the former governor of Massachusetts, was given his party’s nomination for president in the Nov. 6 election. Framingham, Massachusetts-based Staples, an office-supply retailer, grew with the help of an investment from Bain Capital LLC, the private-equity firm Romney co-founded.
Lisa Arrowood, a lawyer for Staples, today said the company also doesn’t oppose the release of the testimony.
Gloria Allred, a women’s rights lawyer, appeared yesterday in probate court with Stemberg’s ex-wife, Maureen Sullivan Stemberg, and said she was backing a request by the Boston Globe to unseal the documents. Jonathan Albano, an attorney for the Globe, described the information the newspaper sought as “expert testimony on a financial matter.”
Allred said today that she wants her client to be able to speak about Romney’s testimony
“She needs to be able to speak. She apparently is the only person in the United States, maybe in the world, who cannot speak about Governor Romney,” Allred told the court. “It’s a complete lockdown. It’s the most comprehensive gag order I have ever seen in my 36 years of practicing law.”
“The sooner we get out from this, the better,” Robert Jones, an attorney for Romney with Ropes & Gray LLP , told the court yesterday.
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