May 12, 2018
STATEMENT OF LISA BLOOM, ATTORNEY FOR FOUR WOMEN WHO ACCUSED PAUL MARCIANO OF SEXUAL ASSAULT, ON PAUL MARCIANO’S RESIGNATION TODAY
We are pleased at today’s news that Paul Marciano has resigned as Executive Chairman of the Board of Guess?, Inc. And yet, much more remains to be done if Guess truly wants to be a brand that stands for respect for women.
I represent four women who stood up against Mr. Marciano and Guess over the last several months. Each alleges that she was sexually assaulted by Mr. Marciano, by his groping her breasts, forcing her to perform a sex act, or both. These are serious, deeply disturbing, credible claims.
Each of my clients, who choose to remain anonymous, spoke to lawyers for Guess and outlined her story, including contemporaneous texts and complaints of his improper behavior. We were able to fight for and win a nonconfidential settlement in the amount of $400,000, to compensate them for the emotional distress they allege Marciano caused. Each of my clients chose to accept this settlement because it was preferable to litigation, especially given the statute of limitations, and because she still retains the right to tell her story one day if she chooses to do so.
We are disappointed that Mr. Marciano will remain on the board through 2019. We do not believe a man with so many credible accusations of sexual assault is fit to lead any company, much less one that sells primarily to women.
Marcelino Valencap, assistant to Lisa Bloom