Zale Corp.'s former chairman and chief executive, Robert J. DiNicola, filed an arbitration claim against the company Tuesday, arguing that the Irving-based jewelry retailer owes him $1.32 million in moving expenses.

Mr. DiNicola, who is now chairman and CEO of New Jersey-based Linens 'n Things Inc., has been chairman and CEO of Zale twice. In the 1990s, he turned the company around after it exited bankruptcy.

He returned a second time at the board's request in 2001 as chairman and CEO after his successor stepped down. He was chairman until 2004 and after than became a consultant to Zale under a new agreement that he said included Zale's payment of his moving expenses.

Read Full Story