L Brands shares dropped due to CEO Les Wexner's name surfacing in reports about Jeffrey Epstein. Shares lost approximately 3.5% on Tuesday and 6.6% over the five days ending Thursday. Epstein served as L Brands' money manager and bought a mansion from Wexner. Wexner cut ties with Epstein over a decade ago and has not been accused of wrongdoing.
doj/DataSet10/EFTA01381019.pdf
{"title":"L Brands Takes A Beating Because Of CEO's Previous Association With Sex Offender Jeffrey Epstein","key_people":["Les Wexner","Jeffrey Epstein"],"document_type":"media","document_subtype":"news article","key_organizations":["L Brands","Victoria's Secret","Bath & Body Works"]}