A federal judge has rejected the settlement of a lawsuit challenging longtime Abercrombie & Fitch Co. Chief Executive Michael Jeffries’ pay, saying it offered little benefit to shareholders despite serious allegations of wrongdoing.
The Columbus Dispatch Local and State News, Columbus Dispatch
Mon, 09/29/2014 - 11:08pm
A federal judge has rejected the settlement of a lawsuit challenging longtime Abercrombie & Fitch Co. Chief Executive Michael Jeffries’ pay, saying it offered little benefit to shareholders despite serious allegations of wrongdoing.