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Fogarty Klein & Partners is considering splitting with financially troubled Lois USA amid speculation the company’s Chicago office will close.
“It’s one of those situations that’s kind of evolving every day,” said Bill Fogarty, a principal at the Houston agency. “Basically we’re considering several alternatives having to do with a separation of some sort.”
Lois officials, including Lois USA president Ted Veru, could not be reached for comment.
Sources close to the agency said Lois was in some cases months behind on media payments.
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