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0.0015904572564612 0.0015904572564612 0.0015904572564612 0.0015904572564612 0.00156262425447319 -0.0318091451292247 -0.0246520874751491 -0.0210735586481114
Stock impact report

Record exec L.A. Reid settles sexual assault lawsuit [Los Angeles Times (CA)]

Sony Group Corporation American Depositary Shares (SONY) 
In 2023, Dixon filed a lawsuit under the New York Adult Survivors Act, alleging abuse from Reid including sexual harassment, assault and retaliation while she worked under him as an A&R representative at Arista Records. Dixon alleged in her suit that Reid “digitally penetrated her vulva without her consent” on a private plane in 2001, and groped and kissed her against her will in another incident months later. She claims in her suit that Reid retaliated against her after she spurned his advances, berating her in front of staff after she brought in a young Kanye West for a label audition. Reid said in court filings that he “adamantly denies the allegations,” but they contributed to the former mogul's declining reputation within the music industry, after Reid left Epic Records in 2017 following separate claims of harassment. Reid's attorney Imran H. Ansari said in a statement to The Times that “Mr. Reid has amicably resolved this matter with Ms. Dixon without any admission of lia Show less Read more
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