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Ridder resigns from Star Tribune

Star Tribune publisher Par Ridder resigned on Friday, coinciding with the settlement of a lawsuit filed against the Star Tribune by the St. Paul Pioneer Press, where Ridder was formerly employed, over his hiring.
His resignation, which came nine months after he took over as the paper’s publisher and three months after he was barred from the job by a Ramsey County judge, was announced by company spokeswoman Sally Nelson.
The Star Tribune hired Ridder from the Pioneer Press, which had been run by his family for several generations. Weeks later, the Pioneer Press filed a lawsuit that accused Ridder of breaking a noncompete agreement, hiring Pioneer Press executives away from the paper in violation of other agreements and taking a laptop computer containing confidential Pioneer Press information.
After a hearing in June on a temporary injunction, Ridder was barred by court order on Sept. 18 from the Star Tribune’s offices on orders from District Court Judge David Higgs, who said Ridder could not be trusted to refrain from using the St. Paul data to hurt the paper.
Higgs, who learned recently that the papers had reached a settlement, dismissed the lawsuit Friday afternoon but upheld a one-year injunction that prevents Ridder from working for the Star Tribune.
The Star Tribune was also ordered to pay legal fees incurred by the Pioneer Press, estimated at $5 million.
Full terms of the settlement were sealed.

The Star Tribune:
http://www.startribune.com/business/12260661.html

The Pioneer Press:
http://www.twincities.com//ci_7664880?IADID=Search-www.twincities.com-www.twincities.com