Savvis settles with Amex over 'strippergate'

LOSSES & LAWSUITS

Former CEO Robert McCormick reportedly celebrated a new client win at Scores, an upmarket gentlemen's club in October 2003, where he ran up the bill on a company Amex Centurion card. McCormick and his party were in Scores' famed President's Club room, according to the establishment's publicist. McCormick maintained that his tab was only $20,000.

In the fallout of the incident, McCormick stepped down as CEO of the St. Louis-based vendor and was replaced on a temporary basis by president and COO John Finlayson.

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