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IPG, Kassan Settle Litigation
LOS ANGELES–The Interpublic Group of Cos. and Michael Kassan announced a settlement of the litigation between them regarding Kassan’s employment agreements with its Western Initiative Media Worldwide subsidiary. Terms were not disclosed. As part of the same announcement, IPG said that “separately” it had “completed its regularly scheduled audit of the financial operations of Western and is satisfied with the results.” Kassan cited the audit in a lawsuit and related arbitration claim that alleged defamation of character and breach of contract.

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