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Stock impact report

L.A.-based agent Mark Measures indicted in Manhattan, accused of stealing from actor clients [Los Angeles Times (CA)]

Tapestry, Inc. (TPR) 
Last tapestry, inc. earnings: 4/30 06:45 am Check Earnings Report
US:NYSE Investor Relations: tapestry.com/investors
authorities alleged he stole more than $1.8 million from 160 actors and about $26,000 in wages from employees at the agency's New York City office. New York County Dist. Atty. Alvin L. Bragg Jr. said in a news release on Tuesday that many of the actors who lost money were “balancing other jobs to stay afloat while pursuing their acting careers.” The money Measures allegedly stole from his employees were wages that were meant to be invested in their retirement accounts, Bragg said. “Rather than pay the actors and employees, the defendants used their hard-earned money to fund [Measures'] lavish lifestyle. This alleged conduct is egregious,” Bragg said. Measures — whose client list includes Elizabeth Perkins of “Big” and “This Is Us,” Merrin Dungey of “Alias,” Jerry Mathers of “Leave It to Beaver” and TV personality Bob Eubanks — did not reply immediately to The Times' emailed request for comment. Prosecutors allege Measures spent the money at Crypto.com Arena and a Four Seasons Show less Read more
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