Select Staffing Boss Fired Over Missing $2.7 Million

New Koosharem Corporation, the parent company of Santa Barbara–based Select Staffing and recent merger partner EmployBridge, announced Monday its board of directors had fired longtime Select Staffing leader and Hope Ranch resident Stephen Sorensen after discovering he allegedly “orchestrated the diversion of $2.7 million” of company money into an “entity” he controls. An attorney for Sorensen told the Pacific Coast Business Times that his termination was in retaliation for a lawsuit he filed a week earlier against New Koosharem for unjustly driving him out of the business he helped create.

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