Larry Jones, who was ousted as head of Feed the Children, an antipoverty group, says the hunger-relief charity has lost as much as $15-million on its investments during the recession as a result of ineptitude by its board of directors, The Oklahoman reports.

Mr. Jones, the Oklahoma City-based group's founder and former president, alleged in court papers last week that board members were lax in their oversight of mutual funds, corporate bonds, and other investments.

The Feed the Children board fired Mr. Jones last fall following revelations that he placed listening devices in charity executives' offices. He filed suit claiming wrongful termination and seeking reinstatement as president.

Read The Chronicle of Philanthropy's coverage of the battle over Feed the Children.

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