Mike Jeffries, former chief executive officer of Abercrombie & Fitch Co., center, exits federal court in Central Islip, New York, US, on Friday, Oct. 25, 2024. Jeffries was charged by the US with running a sex-trafficking ring that coerced young men to engage in sexual acts with him in hopes of a career in modeling. Photo: Yuki Iwamura/BloombergEx-CEO Michael Jeffries Sues Abercrombie, Claiming Company Must Cover Legal Fees in Sex Trafficking Case
Jeffries claims the company is beholden to an indemnification agreement that requires it cover the criminal case because he's accused of using his "power as CEO" to perpetual the alleged sexual abuse.
December 02, 2024 at 05:24 PM
3 minute read
Former longtime Abercrombie & Fitch CEO Michael Jeffries has filed suit against the clothing retailer, claiming the company is contractually obligated to cover his legal fees as he defends against a federal sex trafficking case in Brooklyn.
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