Condé Nast to Settle Internship Lawsuit
CEO Chuck Townsend defends now-shuttered intern program
The Condé Nast internship drama might finally be coming to a close, but not without leaving some serious damage in its wake.
Today, Condé CEO Chuck Townsend announced in a memo to employees, obtained by Capital New York, that the publisher is looking to settle a lawsuit brought by two former interns, Lauren Ballinger and Matthew Leib.
“We believe that settling the lawsuit at this time is the right business decision for Condé Nast,” wrote Townsend.”
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