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Panzura LLC must face claims by its former CFO that he was fired for blowing the whistle on suspected sexual harassment and embezzlement by its chief revenue officer, a California federal judge ruled.

Larry McClure’s lawsuit alleges he was removed as chief financial officer by two board members less than one month after he and then-CEO and company co-founder Jill Stelfox confronted then-CRO and current CEO Dan Waldschmidt about his relationship with a “junior female employee,” the US District Court for the Northern District of California said. According to McClure, he was concerned that Waldschmidt was engaging in quid pro ...

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