The ongoing, month-long squabble among members of the Presidential Life Corp. board and its ousted founder and chairman continues, as the former leader said in a letter that the company’s current leadership has cost his family and its interests more than $100 million.

A director of Presidential Life Corp. has asked the company’s founder and former CEO to end his “needless and costly” campaign to replace his successor, Donald Barnes, and other board members.

The ousted founder and chairman of Presidential Life Corp. is calling an investigation into alleged self-dealing in his family’s charitable foundation a “diversionary tactic.”

The chairman and chief financial officer of a New York-based life insurance carrier were removed from their roles amid allegations of financial improprieties and an investigation by the New York State Insurance Department.