The proposal would have cofounders Paul and Maurice Marciano and CEO Carlos Alberini roll over their stakes in the denim business.

NEW YORK: Guess? Inc directors agreed to a settlement worth as much as US$30mil to resolve claims they turned a blind eye to co-founder Paul Marciano’s harassment of the company’s models ...

(Reuters) - Guess said on Monday it had received a take-private offer from brand management firm WHP Global of $13 per share.