📄 Extracted Text (148 words)
L Brands Takes A Beating Because Of
CEO's Previous Association With Sex
Offender Jeffrey Epstein
Shares in L Brands, the parent of Victoria's Secret and Bath & Body
Works, which have already been poorly performing in recent years,
took another a hit this week as L Brands CEO Les Wexner's name
surfaced in reports about disgraced financier Jeffrey Epstein. The
value of L Brands shares lost about 3.5% on Tuesday, and during the
five days ending Thursday, were down about 6.6%.
Wexner hasn't been accused of any wrongdoing, and in fact cut ties
with Epstein more than a decade ago. Nevertheless, hedge fund
manager and registered sex offender Epstein served as L Brands'
money manager for a number of years, and he bought a Manhattan
mansion from Wexner, Bloomberg...
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CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0079729
CONFIDENTIAL SDNY_GM_00225913
EFTA01381019
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