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Is The Battle Between WPP And Its Former Director Finally Over?

By Ethisphere.com

An amusing story in the Times Online this week reports that uber-advertising company WPP and its former Italian director, Marco Benatti, have privately settled an ongoing dispute involving libel, wrongful termination and interoffice romance.

WPP alleged that Benatti secretly took for his personal gain the majority of the proceeds from a £17 million takeover of an Italian advertising company. Benatti fired back, alleging that he was dismissed improperly. He claimed that he was let go because he “had fallen out” with the company’s COO in Italy, Daniela Weber, who was allegedly involved in a relationship with company chief executive, Sir Martin Sorrell (pictured). According to the story, after a five-day hearing, Benatti and WPP have reached a confidential settlement, thus ending the case.

Last year Sorrell also filed a libel suit against Benatti after Benatti allegedly distributed “a computer-generated image showing [Sorrell] with Ms Weber labeled ‘the mad dwarf and the nympho schizo.’” In that case, Benatti paid £120,000 to Sorrell, but didn’t admit liability.

Full post as published by Ethisphere Blog - Good. Smart. Business. Profit. on October 16, 2008 (boomark / email).