Digital media and content company Vinco Ventures (NASDAQ:BBIG) is seeing shares drop Tuesday morning after several press releases were issued Monday.
What Happened: Vinco Ventures announced Monday that Ted Farnsworth, who was recently named co-CEO of the company, had been terminated. Lisa King, who previously served as CEO of Vinco Ventures and was the President of ZVV Media Partners, was also terminated. The company also terminated Chief Security Officer Erik Noble and Chairman of the Board Roderick Vanderbilt.
