Georges marciano lawsuit against bank
$370 million verdict goes against Guess co-founder!
Metropolitan News-Enterprise
Wednesday, July 29, 2009
Page 3
Jury Returns $370 Million Verdict Against Guess Co-Founder
By a MetNews Staff Writer
A Los Angeles Superior Court jury yesterday awarded nearly $370 million in damages against Guess?
Inc. co-founder Georges Marciano for claims of defamation and intentional infliction of emotional distress by several former employees, attorneys involved in the matter have announced.
Georges marciano lawsuit against bank
Lancaster attorney R. Rex Parris, who represented two of the employees, called the verdict “one of the largest…ever handed down in Los AngelesCounty,” in a release.
In August 2007, Marciano brought a lawsuit against his former employee, Joseph Fahs, alleging Fahs had embezzled millions of dollars in funds and stolen artwork, wines and other property from him.
He amended his complaint in February 2008 to include four additional former employees: Miriam Choi, Camille Abat, Steven Chapnick and Elizabeth Tagle.