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November 22, 2005
By: TOM BRANNA
Editor
Procter & Gamble Company, Cincinnati, has settled a lawsuit pending in federal court in Los Angeles that was brought on by Vidal Sassoon. Terms of the settlement were not disclosed. Sassoon sued P&G last year for fraud and breach of fiduciary duty, alleging the company stopped producing products under his name so it could boost its Pantene brand and avoid paying Sassoon royalties. The lawsuit claimed that following a change in management in 2000, P&G diverted its new hair care f...
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