[London] Frank Lowe
demanded that his former employer Interpublic Group of Cos. apologize to him and withdraw a claim submitted for arbitration alleging that "Mr. Lowe has begun a campaign to induce such executives and clients to leave the Lowe agency and join a rival firm." Interpublic filed the claim to the American Arbitration Association in New York. In a statement, Mr. Lowe said, "If IPG does not withdraw its baseless claims we may seek damages for defamation and tortious interference."
Mr. Lowe announced the startup late last year, along with news that it snatched U.K. supermarket giant Tesco, Lowe London's biggest client, and the agency's chairman, Paul Weinberger, who may be held to a one-year non-compete agreement. The trickle of new partners to the agency continued last week as David Hackworthy, chief strategic officer of DDB London, joined Mr. Lowe; DDB London's CEO, Paul Hammersley left in December to join the new agency.