PR maven and agency owner Michael Sitrick is being sued by a former employee and current employees for “self dealing,” and devaluing the Sitrick Employee Stock Ownership Plan, PRNewser reported last week.
UPDATE: Joseph Giunta, general counsel for Sitrick And Company / Mike Sitrick writes in and says Sitrick, “was not sued by a former employee and current employees…He was sued by one former employee. Not a single current or former employee has joined in the suit and though he claims to have sued on behalf of the ESOP, the court has not granted him that right.”
It looks like the story will remain in the media. A reader sent in this ProfNet query today:
My story is about a lawsuit between Sitrick & Co. and a former employee, suing on behalf of the employee stock ownership plan. First, I would like to talk to any former (or current) employees. Second, I would like to talk to PR professionals about how a crisis-management firm should handle its own crisis. Contact: Joel Russell, email@example.com
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