On advice of counsel, the board voted not to vote on whether to suspend Greene. Instead, the board is green-lighting an internal investigation by an outside firm to determine whether there is cause to suspend.
NARAS attorneys are concerned that if the board suspends Greene in response to the allegations, he may turn around and sue the board, because he remains under contract.
According to insiders, board members are saying that they are expecting the independent investigation to prove that there are indeed grounds for Greene's dismissal, and that they'll take a vote after the investigation is concluded.
Some believe that if the vote were to be taken today, Greene would be ousted. According to our sources, there is growing consensus among the board members that Greene is out—it's just a matter of time before he topples.
That said, it ain't over till the fat lady sings. Greene has survived crisis after crisis, so there's always a chance he'll make it through this one as well.
HITS' FIRST LIVE ISSUE TAKES THE STAGE THIS FALL
We're manning the merch table. (9/9a)
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THE GRAMMY SHORT LIST
Who's already a lock?
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
ALL THE WAY LIVE
The players, the tours, the enormous beers.
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