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Stock impact report

Former Abercrombie & Fitch CEO Mike Jeffries to enter plea in U.S. sex trafficking case [Globe and Mail, The (Toronto, Canada)]

Abercrombie & Fitch Company (ANF) 
Last abercrombie & fitch company earnings: 3/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: abercrombie.com/shop/us
Courthouse, in West Palm Beach, Fla., on Oct. 22. Rebecca Blackwell/The Associated Press Listen to this article Log in or create a free account to listen to this article. Mike Jeffries, the former longtime chief executive of Abercrombie & Fitch, will be arraigned on Friday after being charged with running an international sex trafficking and prostitution scheme while leading the clothing retailer. Jeffries, 80, who led Abercrombie from 1992 to 2014, is expected to enter his plea to 16 criminal charges before a federal judge in Central Islip, New York, in that state's Suffolk County. His employee James Jacobson will also enter a plea. Jeffries' partner Matthew Smith, a dual U.S.-British citizen, was ordered detained and will plead later. Both face the same charges as Jefferies. Prosecutors said the alleged scheme ran from 2008 to 2015. They said Jacobson acted as a recruiter, paid men to have sex with him then chose who would be paid to travel to Manhattan, the Hamptons a Show less Read more
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