My Chemical Romance have parted ways with their drummer Matt Pelissier and an official statement from Pelissier can be found here. An official statement from the band themselves has yet to be issued.
I'm waiting for the rest of MCR to release what they have to say and it better be something better than "he screwed up onstage" for their reason to kick Otter out.
Im not going to take a stance on this, even if MCR is one of my top 3 favorite bands...Matt's story seems to be one-sided, I'd like to have a reasoning from the rest of the band and I think it would be wise for others to do the same, because its not fair to the band to go and say that they are just doing it for money and look, I don't think thats the reason at all.