Advertising Age Article Abstract
McCann, MDC Partners Settle Talent-Poaching Lawsuit
No Money Exchanged, but Kirshenbaum Agrees to Six-Month Moratorium on Hiring From McCann
NEW YORK (AdAge.com) -- Interpublic Group of Cos.' McCann Erickson has reached a settlement agreement over the poaching lawsuit it filed in a New York Supreme Court against MDC Partners and its ad agency Kirshenbaum Bond Senecal & Partners. Under the terms of the agreement, no monetary damages were paid, but MDC and Kirshenbaum agreed not to hire McCann talent or solicit McCann clients for at least six months, the parties said in a joint statement issued late Tuesday. ...