Connect with us

Hi, what are you looking for?

Stock

Former Abercrombie CEO Michael Jeffries arrested in sex-trafficking case, WSJ reports

(Reuters) – Michael Jeffries, former CEO of Abercrombie & Fitch, was arrested by federal agents investigating allegations that he ran a sex-trafficking operation, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

He was arrested on Tuesday in Florida as part of an investigation being led by federal prosecutors in Brooklyn, New York, the report said.

Abercrombie & Fitch declined to comment to Reuters queries, while Jeffries was not immediately reachable.

Last year, a group of once-aspiring Abercrombie & Fitch male models sued the retailer and the former CEO alleging that the company had benefited from a sex-trafficking operation led by Jeffries.

The proposed class action filed by former model David Bradberry in Manhattan federal court claims Jeffries forced models to take drugs and engage in sexual acts with him and others for the chance to be featured in Abercrombie’s provocative catalogs.

The lawsuit had alleged that company officers knew about the conduct and Abercrombie paid settlements to people who accused Jeffries of sexual abuse or harassment.

Jeffries, who was CEO from 1992 to 2014, was credited with turning around the retailer into a successful teen apparel maker known for its cologne-filled stores and ads featuring semi-nude models. He, however, resigned amid criticism that he had failed to keep pace with the tastes of teen shoppers.

This post appeared first on investing.com






    You May Also Like

    Editor's Pick

    Sen. JD Vance (R-Ohio) and Minnesota Gov. Tim Walz (D) will face off Tuesday night at a CBS News vice-presidential debate in New York....

    Latest News

    A North Korean defector who escaped to the South more than a decade ago was detained after attempting to cross back into North Korea...

    Economy

    A U.N. human rights group confirmed Hamas’ leader in Lebanon, who was recently killed by Israeli strikes, was their employee.  Fateh Sherif was killed...

    Investing

    Astron (ASX:ATR) and Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU) have completed the establishment of a joint venture to advance the Australia-based Donald rare earths and mineral sands...

    Disclaimer: balanceandcharge.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 balanceandcharge.com