A multimillionaire used-car salesman was ousted from his £300m company as part of an orchestrated “coup” involving business rivals and private equity investors, the high court has heard.
Peter Waddell, 59, claims he was forced out as the chief executive of the Kent-based dealership Big Motoring World by “conspirators” who designed a “plan” to ensure that an investigation into allegations of gross misconduct “reached the conclusion that one or more [sackable events] had occurred”.
