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Startup CEO fired for billing $76,120 at strip clubs to company

Gilmore remains on the board and is the company's largest shareholder, according to a person familiar with the matter who wasn't authorized to discuss it publicly and asked not to be identified.

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Eric Gilmore. Pic/Crunchbase

Eric Gilmore. Pic/Crunchbase

California: Scott Lang, the new chief executive officer of Turvo Inc., wants to emphasize an important corporate policy at his startup: Employees may not entertain clients at strip clubs and certainly not bill those trips to the business. The rule is salient because his predecessor was fired for doing just that.

The board accused co-founder Eric Gilmore of expensing $76,120 at strip clubs over a three-year span and removed him as CEO in May, according to legal filings. Gilmore, 39, didn't deny the accusations, but sued the company, claiming the board didn't follow the proper protocol for his termination. Turvo said it did, and they settled in September. Gilmore declined to comment through a spokesman.

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