▁Jones ▁became ▁the ▁fourth ▁member ▁of ▁the ▁company ' s ▁board ▁of ▁direct ors ▁to ▁res ign . ▁ ▁On ▁October ▁ 8 , ▁T W C ▁announced ▁that ▁Wein stein ▁had ▁been ▁fired . ▁So on ▁after , ▁T W C ▁execut ives ▁announced ▁that ▁Har vey ▁Wein stein ▁will ▁not ▁receive ▁credit ▁on ▁up coming ▁releases , ▁and ▁it ▁may ▁consider ▁ren aming ▁the ▁company . ▁On ▁October ▁ 1 2 , ▁board ▁of ▁direct ors ▁member ▁Richard ▁Ko enig s berg , ▁who ▁was ▁one ▁of ▁the ▁four ▁sign ator ies ▁of ▁a ▁board ▁of ▁direct ors ▁statement ▁def ending ▁Wein stein , ▁res igned ▁from ▁the ▁company ▁as ▁well . ▁ ▁S ale ▁efforts ▁and ▁bank rupt cy ▁Bob ▁Wein stein ▁stated ▁on ▁October ▁ 1 3 ▁that ▁media ▁reports ▁that ▁his ▁brother ' s ▁sexual ▁mis con duct ▁sc andal ▁had ▁forced ▁the ▁company ▁to ▁explore ▁either ▁a ▁sale ▁or ▁shut ting ▁down ▁operations ▁were ▁in ac cur ate . ▁Bob ▁released ▁an ▁e ma iled ▁statement ▁claim ing ▁" our ▁banks , ▁partners ▁and ▁share hold ers ▁are ▁fully ▁support ive ▁of ▁our ▁company ▁and ▁it ▁is ▁un true ▁that ▁the ▁company ▁or ▁board ▁is ▁expl oring ▁a ▁sale ▁or ▁shut down ▁of ▁the ▁company ” ▁and ▁that ▁“ bus iness ▁is ▁continu ing ▁as ▁usual ▁as ▁the ▁company ▁moves ▁ahead .” ▁This ▁was ▁contrad icted ▁by ▁T W C ▁president ▁and ▁CO O ▁David ▁G lass er ▁and ▁a ▁sp okes man ▁for ▁company ▁invest or