Responding to recent court actions, Georges Marciano, the co-founder of the Guess apparel company and a prominent philanthropist, today said he will expand his defense against an unusual California Superior Court ruling in July, by a default proceeding, in which he was denied due process of law and the basic protections promised by the state and U.S. Constitutions.
After seeking a stay of the lower court’s initial ruling with the state Supreme Court, Mr. Marciano is now preparing a motion to the Superior Court to review and reduce an “outrageously” excessive award made in what he considers a baseless action brought against him by some former employees.
“I have faith in our legal system that, in the end, justice will prevail,” said Mr. Marciano. “So I am in this fight to the end -- whatever it takes, wherever I have to take my case to be heard. That’s what is most important to me: to have my day in court, to make my case, and then let justice prevail.”
In an unrelated action, Mr. Marciano is also petitioning the federal court to compel the Internal Revenue Service to audit his financial affairs. Mr. Marciano pleaded with the IRS for three years for thorough audit, without success. That led to his request to the federal courts in Washington to intervene.
“It’s a rare occurrence for a taxpayer to ask the IRS for an audit,” said Mr. Marciano. “But I welcome the IRS to examine my personal and business finances to put to rest any concerns. Like with the courts in California, I believe in our American institutions, including the IRS, to do what is right and just.”
Mr. Marciano is recognized for his great business success as the co-founder of the Guess apparel and other business enterprises.
Contacts:
Contact for Georges Marciano:
Julie Vallese,
Burson-Marsteller, 202-530-4680
Fred Muir,
Burson-Marsteller, 310-309-6667