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Abercrombie & Fitch settlement approved

2015-01-05 16:56:56| Apparel - Topix.net

A federal judge recommended approval of a revised settlement of a lawsuit that challenged the pay of former Abercrombie & Fitch CEO Michael Jeffries. The action comes three months after a different judge rejected a settlement that appeared to offer few benefits to the company and "broadly released shareholders' claims," Reuters reported.

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