Guess cofounder as well as also chief creative officer Paul Marciano reached a nonconfidential agreement totaling $500,000 with several people to settle allegations which he made inappropriate comments as well as also made “unwanted advances including kissing as well as also groping,” the company said in an SEC report on Tuesday.
He resigned on Monday effective immediately. Guess declined to provide additional comment to BuzzFeed News.
The settlement comes after independent investigators ended a four-month inquiry into allegations which Marciano acted inappropriately with types as well as also photographers. The investigation was prompted by style Kate Upton’s allegations which he groped her as a teen during a photo shoot in 2010.
“Paul came straight up to me, forcibly grabbed my breasts as well as also began feeling them — playing with them actually,” Upton told Time magazine in February. “After I pushed him away, he said, ‘I’m producing sure they’re real.'”
Two independent investigators interviewed more than 40 people as well as also reviewed roughly 1.5 million pages of documents, including emails, human resources as well as also legal department files, social media messages, as well as also video as well as also audio recordings, the company said inside the SEC report.
nevertheless “many of the allegations could not be corroborated” because the individuals either declined to be interviewed or provided insufficient information to the investigators.
Yet investigators found “which on certain occasions Mr. Marciano exercised poor judgment in his communications with types as well as also photographers as well as also in placing himself in situations in which plausible allegations of improper conduct could, as well as also did, arise,” Guess said inside the report.
Marciano told BuzzFeed News in February which Upton’s allegations were “absolutely false” as well as also “preposterous.”
He denied he was ever alone with Upton as well as also claimed he “never touched her inappropriately.” He added, “Nor could I ever refer to a Guess style in such a derogatory manner.”
Marciano will continue to receive his salary until the end of his employment agreement on Jan. 30, 2019.