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Posts Tagged ‘Joseph Giunta’

Another Former Employee Joins Lawsuit Against PR Executive Michael Sitrick

spin by Michael Sitrick.jpg

Allan Mayer, partner and head of the Strategic Communications Division at entertainment PR powerhouse 42 West, has joined his former colleague Richard Wool in a lawsuit against their former boss, Michael Sitrick.

They allege Sitrick devalued the Sitrick Employee Stock Ownership Plan to the tune of millions of dollars.

The New York Times spoke with James J. Brosnahan Jr., who is representing Mr. Sitrick, and said the suit is “based on mistakes of fact.”

Joseph Giunta, who at the time said he was general counsel for Sitrick And Company and Michael Sitrick, told PRNewser a few weeks ago that Sitrick, “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.”

Another angle to this latest development is that Mayer worked with Sitrick on his book, Spin.

RELATED: Los Angeles Business Journal Looking Into Sitrick Lawsuit

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Los Angeles Business Journal Looking Into Sitrick Lawsuit

spin by Michael Sitrick.jpg

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, jrussell@labusinessjournal.com

Sitrick has worked with a number of high profile clients over the years, from Halle Berry and Rush Limbaugh to Paris Hilton and the Archdiocese of Los Angeles during a sexual-abuse lawsuit.