Guess Inc. and its co-founder Paul Marciano were slapped with an insurance coverage lawsuit Tuesday in California Central District Court. The suit, filed by Troutman Pepper Hamilton Sanders on behalf of Beazley Insurance Company Inc., seeks a declaration that Beazley has no obligation under an Employment Practices Liability Policy to defend or indemnify the defendants against claims of sexual misconduct by Marciano. Counsel have not yet appeared for the defendants. The case is 2:21-cv-09962, Beazley Insurance Company, Inc. v. Guess?, Inc. et al.
Retail & Consumer Goods
December 28, 2021, 2:59 PM