Former Abercrombie & Fitch Co. CEO Mike Jeffries sued the apparel retailer to get the company to pay his legal costs stemming from a criminal indictment for alleged sex trafficking of male models for parties.
Jeffries’ complaint for advancement, filed Nov. 27 in the Delaware Chancery Court, says that Abercrombie & Fitch denied his request to advance his costs for defending the federal charges as required under a 2014 indemnification agreement.
Federal prosecutors filed a 16-count indictment against Jeffries in the US District Court for the Eastern District of New York in October alleging the former Abercrombie CEO used his ...
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