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Auto supplier first brands has reportedly initiated legal proceedings against its founder, patrick james, alleging a series of fraudulent activities The suit alleges james misappropriated hundreds of millions—if not billions—of dollars for personal enrichment, leading to first brands’ bankruptcy and significant financial losses. The lawsuit, filed in a houston federal.

Topline auto parts company first brands has sued founder and former ceo patrick james, alleging he misused hundreds of millions in company funds that caused the firm to file for bankruptcy. The lawsuit claims he improperly enriched himself at the expense of the auto parts supplier. Bankrupt first brands on monday sued its former chief executive and founder patrick james, accusing him of orchestrating frauds that left the u.s

Bankrupt first brands sued its former ceo and founder patrick james, accusing him of orchestrating frauds that left the u.s

First brands has sued its founder and longtime chief executive patrick james, alleging he engaged in “fraudulent conduct” at the now bankrupt automotive parts supplier First brands group sued founder patrick james for allegedly misappropriating hundreds of millions of dollars from the u.s Automotive supplier that collapsed into bankruptcy in september Bankrupt first brands sued its founder, patrick james

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