National R.V. Holdings Inc. said in a regulatory filing Friday that founder Robert B. Lee had resigned from the board and that it disagreed with the contents of his resignation letter, in which he cites an "ongoing crisis" that he believes threatens the Perris, Calif., company's future.
In a letter dated Monday, Lee wrote: "I have been largely unsuccessful in persuading the board to take any action to deal with the ongoing crisis of this company."
He also said it was irresponsible to retain a chief executive, Bradley Albrechtsen, "who has lost some $80 million in a short period of time with additional losses a virtual certainty in the near future."
Lee added that the board's "lack of action could create personal liability of directors to shareholders for the loss of this company."