A financial dispute centered on a Billings bookstore has been resolved.
The Billings Bookstore Cooperative, which backs This House of Books in downtown Billings, has settled a financial squabble with Gary Robson, said co-op board chair Jacqueline Lafever.
Robson sold a Red Lodge bookstore to become the first manager of This House of Books, which opened in the fall of 2016. Five months later, Robson stepped down and claimed the co-op owed him money from a deal that brought him in as manager.
Teresa Kennedy didn’t think she’d heard it quite right when the customer said it.
The co-op's board called Robson's allegations "false and defamatory."
Nevertheless, the parties went into mediation earlier this year and came out with a deal this summer.
“I can’t talk too much about it because it’s a confidential settlement," Lafever said. "There were some financial and there were some property that we agreed to return.”
After leaving the co-op, Robson returned to Red Lodge to co-own Phoenix Pearl Tea.
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"I am very pleased to have everything resolved," he said.
Robson announced the settlement on Facebook on July 2, saying he wishes support for This House of Books and his tea shop.
Lafever said this was a part of the settlement, though rather informal.
“We also both agreed to kind of walk away with a fresh start and support each others’ businesses,” she said.
Robson said on Thursday that he and his wife remain members of the co-op.