Wednesday, July 29, 2009

Ex-Guess employees awarded $370M in civil defamation suit.

The AP (7/28) reported, "A jury returned a $370 million verdict against Guess Inc. co-founder Georges Marciano Friday in a civil defamation lawsuit that was filed by five former employees. Each ex-employee will get $69 million in compensatory damages and $5 million in punitive damages, according to the Los Angeles County Superior Court verdict."

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