UPDATED, 2:18 PM: Primary Wave Entertainment said today that its co-CEO David Guillod has resigned in the wake of sexual assault allegeations made against him by actress Jessica Barth. In a statement attributed to its executive team, the talent management, production and branding company said: “Primary Wave Entertainment and David Guillod have agreed to part ways effective immediately, David Guillod has resigned from the company.”

PREVIOUSLY, November 3: David Guillod, the co-CEO of Primary Wave Entertainment, is taking a leave of absence from the company following allegations from actress Jessica Barth that he sexually assaulted her. The company released this statement:

“Following recently reported accusations, David Guillod is taking a leave of absence from Primary Wave Entertainment, effective immediately, in order for this matter to be thoroughly investigated. We take any accusations of sexual misconduct very seriously. Our company’s greatest strength is our culture of respect, and we have a zero tolerance policy toward harassment or abuse of any kind.”

Barth (Ted) had accused her former manager Guillod of drugging her and assaulting her during a 2012 dinner meeting. She reported the incident to the LAPD after it happened. She then said that he threatened her with a lawsuit to keep her from pressing charges. Barth said she went back to the LAPD yesterday after another woman came forward to her with a similar story about the manager/producer whose most recent credit was Atomic Blonde. The story of sexual harassment involving Guillod first appeared in The Wrap.

Erik Pedersen contributed to this report.