Ernst Lieb, the disgraced former CEO of American operations for Mercedes-Benz, will not be getting any more money from the Silver Arrow'd teat. His wrongful dismissal suit against MB's parent company, Daimler, was tossed out of a German appeals panel. This, followed the initial rejection by a lower court last year.
When Ernst Lieb (farthest right in the photo) was ousted as CEO of Mercedes-Benz USA earlier in the week, speculation was that he had been fired. While Mercedes has officially remained mum on the topic, a new report from the Financial Times says the cause of his departure was "irregularities in the human resources area," which FT says related to paying a household employee with company money.