Benefit
Use attributes for filter ! | |
Artists | Jethro Tull |
---|---|
Release date | April 20, 1970 |
Studio | Morgan Studios |
London | |
Labels | Reprise Records |
Genres | Progressive Rock |
Hard Rock | |
Folk Rock | |
Blues Rock | |
Date of Reg. | |
Date of Upd. | |
ID | 2066006 |
About Benefit
Benefit is the third studio album by the British rock band Jethro Tull, released in April 1970. It was the first Tull album to include pianist and organist John Evan – though he was not yet a permanent member of the group – and the last to include bass guitarist Glenn Cornick.
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Abercrombie & Fitch suspends payments to ex-CEO after sex-trafficking claims
By Rianna Croxford, investigations correspondentBBC News and BBC Panorama
Abercrombie & Fitch says it's stopped providing additional retirement income to its former boss following allegations of Sex Trafficking .
On top of his standard pension, Mike Jeffries had been receiving lifetime bonus payments totalling about $1m (£801k) a year.
But in October, The by Young Men recruited for sex events while he was boss.
A lawsuit then accused The US retailer of funding a sex-trafficking operation.
The brand told The Bbc it has now suspended these extra retirement payments to Mr Jeffries.
A BBC Panorama and found found a highly organised network used a middleman to recruit men for events around The World with Mike Jeffries and his British partner Matthew Smith .
The Bbc spoke to Eight Men who attended these events, which took place in London, New York , and Marrakesh among other cities, with some alleging they were exploited or abused.
In The Weeks that followed, Abercrombie & Fitch (A& F) was accused in a civil lawsuit of funding a " criminal enterprise" led by Mike Jeffries and Mr Smith between 1992 and 2014.
The Court papers allege that it is likely More Than 100 men were sexually abused by Mr Jeffries while he was chief executive and that Young Men were manipulated " under The guise of providing them with The modelling opportunity of their Dreams - Becoming an Abercrombie model".
It also claims that corporate money and resources were used to " facilitate" a " sex-trafficking venture".
The Company told The Bbc it does not comment on ongoing legal proceedings.
Through his lawyer, Mr Jeffries also declined to comment, with his lawyer saying: " The courtroom is where we will deal with this matter. "
Mr Smith has never responded to The Bbc 's requests for comment.
More on this story.
Mike Jeffries is considered The modern-day-founder of A& F, who transformed The brand from a failing sporting goods chain into a multi-billion-dollar retailer aimed at teenagers.
During his two decades in charge from The 1990s, he led The Company 's global expansion and created offshoot brands including Hollister and Gilly Hicks .
Mr Jeffries stepped down in 2014 following declining sales and left with a retirement package valued at around $25m (£20. 5m), according to company filings at The Time .
As part of that package, A& F said he was entitled to monthly payments For Life totalling about $1m a year, The filings add.
This voluntary company retirement Benefit - known as a supplemental executive retirement Plan - is in addition to his standard pension. Records show Mr Jeffries has been receiving payments as recently as this year.
A& F said The supplemental retirement Plan payments to Mr Jeffries have been suspended but it could not comment further because of pending litigation.
In a statement after The Bbc 's initial investigation, The Company said it had hired an " outside law firm" to independently investigate The claims raised.
It added that The brand's current executive leadership team and board of directors were " not aware of The allegations of sexual misconduct" by Mr Jeffries and that it has " Zero Tolerance for abuse, harassment or discrimination of any kind".
Do you have information about this story that you want to share? Get In Touch with Rianna and The podcast team by any of The methods below.
Source of news: bbc.com