Bunimovitz: Private's Termination Was Retaliatory

BARCELONA — Ilan Bunimovitz, who was replaced by Berth Milton as Private Media Group’s CEO last week, is firing back at the company, saying that his termination was an act of retaliation in an effort to silence him, XBIZ has learned.

XBIZ obtained a letter sent to Private from Bunimovitz’s attorneys that claims there was no legitimate basis or cause for his purported termination.

Further, the letter states that Bunimovitz believes he remains Private’s CEO and that his employment benefits will continue through the term of the employment agreement.

Milton, a long-time Private executive and board member, replaced Bunimovitz as acting CEO on July 19.

Private said Bunimovitz was terminated by the company under provisions allowing it to terminate the agreement for cause.

According to the letter, “It appears that the truth of the matter is that this action was taken because of and only after Mr. Bunimovitz raised several questions to the board about the chairman’s actions and how they might constitute violations of the federal securities laws, fiduciary duties and other legal requirements.”

“It seems inescapable that the action of purportedly terminating Mr. Bunimovitz was taken in retaliation for his raising these issues,” the letter said. “Under federal and state law, the purported termination is therefore unlawful, invalid and requires that Mr. Bunimovitz be reinstated to his position.”

Bunimovitz told XBIZ that he would like to respond to questions, but felt it necessary to clear his answers with his attorneys first.

Bunimovitz was appointed as Private’s CEO in April 2009.

Calls to Bunimovitz’s attorneys and Private’s attorneys went unreturned by post time.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

FSC Publishes Analysis of Federal Trade Commission Event Promoting AV

Free Speech Coalition (FSC) has published an analysis of a Federal Trade Commission (FTC) event held this week that promoted age verification among other forms of speech regulation.

GirlsDoPorn Owner Michael Pratt Pleads Guilty to Sex Trafficking

Michael Pratt, former owner of the rogue website GirlsDoPorn, pleaded guilty in the U.S. District Court for the Southern District of California on Thursday to sex trafficking and conspiracy to commit sex trafficking charges, according to a report by City News Service.

Master Nico Relaunches Site Through YourPaysitePartner

Master Nico has relaunched his official website through YourPaysitePartner (YPP).

Federal Judge Grants Partial Halt of Florida AV Law

The United States District Court for the Northern District of Florida, Tallahassee Division, has granted a preliminary injunction against HB 3, the state's age verification law, as a lawsuit filed by two online trade associations challenging the law makes its way through the courts.

Aylo Releases Statement on Suspending Access to Pornhub in France

Technology and media company Aylo, which operates adult sites including Pornhub, YouPorn, and Redtube, has released a public statement regarding its decision to block access to its sites in France.

Pineapple Support to Host Wellness Sessions at Bucharest Summit

Pineapple Support is hosting free group and one-on-one therapy sessions at Bucharest Summit, June 3-5.

Pornhub Blocks Access in France in Response to SREN Law

Pornhub parent company Aylo has opted to block access to its sites in France rather than comply with age verification requirements under the country’s Security and Regulation of the Digital Space (SREN) law.

ASACP Highlights Study on Parental Controls

The Association of Sites Advocating Child Protection (ASACP) is highlighting the results of a study on the underutilization of parental controls.

Sydney Screams Launches New Site Through Grooby's Blue.xxx

Sydney Screams has launched her new membership site, SydneyScreams.xxx, through Grooby's website management company Blue.xxx.

Mistress Mystii Is LoyalFans' 'Featured Creator' for June

LoyalFans has named Mistress Mystii as its Featured Creator for June.

Show More