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NEW YORK Interpublic Group, a year after initiating a legal tussle with Frank Lowe, has reached a settlement with the former chairman of the IPG agency that still bears his name, the holding company confirmed today.
In January 2006, IPG filed a claim with the American Arbitration Association that accused Lowe of using proprietary information to destabilize his ex-agency and former employer. Lowe denied the allegation and responded with a civil lawsuit in state Supreme Court in New York that accused IPG of defaming him via “false and injurious statements” in the arbitration claim and a related press release.
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