Case Dismissed Against Joe Giaco
April 20, 2007 at 5:46 AM (PT)
The case against industry vet JOE GIACO, a co-defendant in the $22 million lawsuit brought against DEF JAM by former music executive THERESA ROSSI for allegedly tampering with SOUNDSCAN results to distort music charts, was discontinued by the NEW YORK SUPREME COURT on FEBRUARY 22 after it was determined that all claims made against GIACO and his companies, GIACO ENTERTAINMENT INC. and ENTERTAINMENT MARKETING SERVICES INC., were not true and without basis in fact.
The several-year-old charges have now been completely discontinued, and in a sworn, hand-written statement to the court ROSSI acknowledged that she made untrue allegations against GIACO and his companies and holdings. She also apologized to him for any damages to his reputation and business caused by her claims.
I am just happy that this case is finally over and that I received a full apology for these claims and baseless allegations.
"I am just happy that this case is finally over and that I received a full apology for these claims and baseless allegations," he said.