IU student, alum, sue Steve & Barry's

July 10, 2008

Two Indiana University friends who sold Steve & Barry's LLC t-shirts through a company they started have sued the struggling retailer for $12,300 they say they are owed.

Finance major David Modiano and Matt Kesten, a New York advertising salesman who graduated last summer, say Steve & Barry's hasn't paid them for "Sampsonite" t-shirts their Hoosier Beat company makes, according to the Chicago Sun-Times.

The shirts have a picture of former basketball coach Kelvin Sampson, who left the university this year under fire for recruiting violations.

Steve & Barry's has stores in Washington Square and Lafayette Square malls.

Published reports have said the Port Washington, N.Y.-based Steve & Barry's is considering closing 100 stores and is discussing bankruptcy with a law firm.

The company built a reputation for selling clothing and accessories for below $19.98 and marketing through celebrities including tennis star Venus Williams.

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