Summary of the Complaint<br /><br />Just Brands, LLC (JBL) has filed a lawsuit against Hussein Ahmad Rakine, Hassan Ahmad Rakine, Ali Rakine, Sohail Mitha, Speedy Distribution, Inc., and Ash Group of Florida, Inc. The case alleges that Hussein, who was the President of JBL, engaged in fraudulent business activities that harmed the company.<br /><br />Main Allegations:<br /><br />Overcharging JBL for Products – Hussein arranged for JBL to purchase hemp-based THC products (ELF THC) from Speedy Distribution at inflated prices, even though JBL could have bought them directly from the manufacturer for much less. <a href="https://worldofsmokenvape.com/">Just Brands, LLC Takes Legal Action Against Hussein Ahmad Rakine, Speedy Distribution</a> over $2 million.<br /><br />Illegal Purchase of Nicotine Vapes – Hussein used JBL’s funds ($162,000) to buy illegal Chinese nicotine vapes, which were secretly delivered to Speedy Distribution instead of JBL. The vapes were then sold for profit, and JBL never received the money back.<br /><br />Kickbacks from Vendors – Hussein directed JBL to do business with certain suppliers (e.g., Vapor Artillery) at inflated prices in exchange for personal kickbacks. Under his leadership, JBL’s business with Vapor Artillery increased to nearly $6 million.<br /><br />Breach of Contract and Fiduciary Duty – Hussein was obligated to act in JBL’s best interest but instead used his position for personal gain. He also allegedly retained access to JBL’s security systems after leaving the company and spied on its operations.<br /><br />Conspiracy with Other Defendants – The lawsuit claims that Hussein, along with the other defendants, worked together to misappropriate JBL’s funds and manipulate business relationships for personal profit.<br /><br />Legal Claims:<br /><br />Breach of fiduciary duty<br /><br />Tortious interference with business relationships<br /><br />Unjust enrichment<br /><br />Breach of employment contract<br /><br />Civil conspiracy<br /><br />Breach of implied good faith and fair dealing<br /><br />JBL is seeking damages of at least $50,000 plus additional compensation for losses caused by these fraudulent activities. They are also demanding a jury trial.
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