The four founders and eight executives from the British agency Kittcatt Nohr Alexander Shaw (KNAS), which was acquired by Publicis in 2011, won their lawsuit against the French advertising giant, as was first reported by Campaign.
The judge in the case awarded the former founders and managers of the creative agency $US3.2 million (£2.6 million), less than the $US4.4 million (£3.6 million) the plainants were seeking.
The judge has yet to rule on costs, which could add another $US2.4 million (£2 million) to Publicis’ bill.
The lawsuit alleged that “critical information” was withheld from the former shareholders of KNAS in “circumstances so appalling that Publicis’ own employees have subsequently reacted with embarrassment and guilt.”
Publicis Groupe acquired KNAS in 2011 to merge it with the London Digitas office.
Marc Nohr, one of the founders of KNAS, told Business Insider: I am relieved that justice prevailed. And pleased to have honoured the commitment we made to our chairman Jeremy Shaw before he sadly passed away, that we would fight until the end and not be daunted by the size of our opponent.
Publicis Groupe did not immediately respond to comment.
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