Cox alleged in her court docket submitting, obtained by Us on Thursday, October 20, that the 30-year-old Southern Charm star had employed misleading techniques to main control of L’Abeye, by which they’d 50/50 possession stakes and misappropriated earnings.
“At times, Olindo would mention to Plaintiff that their account funds were low and Plaintiff would question Olindo about the low funds because of the amount of revenue and profit that L’Abeye appeared to be making,” Cox’s court docket submitting learn, alleging she was unaware of their revenue margins. “Subsequently, Olindo excluded Plaintiff from any information about the finances.”
The vogue purchaser — who asserts that the fact TV star approached her in early 2018 to help build L’Abeye due to her merchandising background — claimed in her court docket paperwork that Olindo “misled” her concerning the firm’s funds and “failed to treat the company as a separate and distinct entity.”
Cox was ultimately fired by the France native in May, with Olindo allegedly claiming that Cox “never had an ownership interest” within the e-commerce model. While the University of South Carolina grad has tried to hunt employment elsewhere, she has claimed that Olindo had been blackballing her.
Cox is looking for a trial by jury, suing her former colleague for 14 causes of motion, together with breach of contract, dissolution of partnership, fraud and defamation and is hopeful for an award primarily based on precise and punitive damages. The Bravo star, for her half, has denied her former enterprise accomplice’s allegations.
“Our client does not comment publicly on pending litigation,” Olindo’s lawyer advised Us in an announcement on Thursday. “However, obviously these allegations made by a disgruntled former employee are false and misleading. We will soon be filing a formal response to these allegations that will help to set the record straight.”
The first L’Abeye merchandise drop was launched in June 2018, with Olindo and Cox collectively on the firm’s helm.
“I launched L’ABEYE in June 2018 with my partner, Ginny Cox,” Olindo advised FitsNews in August 2020. “She had retail/ fulfillment/ buying experience, is smart, hardworking, and we vibe very well together so I thought it would be a good fit. It was more of a hobby at that point and we had no real expectations.”
She added on the time: “I really hadn’t ever planned to be in e-com selling clothing but now seeing what it can become if it’s done right – we plan to keep expanding L’ABEYE month by month. My biggest goal is to almost completely vertically integrate L’ABEYE, from the real estate, to the factories, to the textiles, and everything in between [in the next five years].”
Page Six was first to report information of Olindo’s lawsuit.