Former Abercrombie CEO Mike Jeffries was arrested in Florida and is facing sex trafficking charges by New York federal prosecutors, NBC News reported Tuesday.

Two of Jeffries' associates, Matthew Smith of West Palm Beach, Florida, and James Jacobson of Wisconsin, were also charged in connection with the case, according to NBC.

Abercrombie & Fitch declined CNBC's request for comment.

News of the arrest broke just hours before federal prosecutors were scheduled to hold a press conference in Brooklyn, New York, to announce the arrests of a “former CEO of a major corporation” and two others in a “sex trafficking and interstate prostitution case.” give.

The criminal trial comes a year after Abercrombie was sued for allegedly turning a blind eye to Jeffries' sexual misconduct.

That lawsuit accused him of running a sex trafficking ring that exploited young men who hoped to become models for the company.

Attorney Brittany Henderson of Edwards Henderson, the law firm representing the plaintiff in the case, said in a statement to CNBC: “Today's arrests are monumental for the aspiring male models who were victims of these individuals.”

“Your fight for justice does not end here. “We look forward to holding Abercrombie and Fitch liable for enabling this terrible behavior and ensuring that nothing like this can happen again,” said Henderson.

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— CNBC's Gabrielle Fonrouge contributed reporting.