A former Essential Phone exec used company funds for Lamborghinis, claims lawsuit

August 31, 2024
2,349 Views

A lawsuit filed against Osom Products, Inc. by its former chief privacy officer, Mary Stone Ross, claims that the company’s CEO, Jason Keats, used business funds for extravagant purchases that include two Lamborghinis, reports Android Authority.

Keats, who founded Osom after Essential shut down and hired several of Essential’s former workers, is also accused of using company resources to pay for things ranging from his racing habit to his racing partner’s salary to his own mortgage, the outlet writes. Ross has apparently asked the court to make Osom give her access to company records that may prove the lawsuit’s claims.

The lawsuit also reportedly claims that Keats tried and failed to sell the company to HP and that, after that deal fell through, he tried to get Osom to pivot to making an “AI-powered camera.” The company’s “resources are allegedly depleted.”

An unnamed spokesperson denied the lawsuit’s claims when asked by Android Authority.

Source link

You may be interested

Disney has struck a deal to bring Monday Night Football back to DirecTV
Technology
shares3,053 views
Technology
shares3,053 views

Disney has struck a deal to bring Monday Night Football back to DirecTV

new admin - Sep 14, 2024

Disney and DirecTV are back in business with each other after a carriage dispute that has kept ESPN, ABC, and…

Polaris Dawn astronaut delivers violin performance from space
Top Stories
shares2,897 views
Top Stories
shares2,897 views

Polaris Dawn astronaut delivers violin performance from space

new admin - Sep 14, 2024

Polaris Dawn astronaut delivers violin performance from space - CBS News Watch CBS News Astronaut Sarah Gillis, who took part…

The Plaude NotePin is a great AI voice recorder, and it’s totally doomed
Technology
shares2,831 views
Technology
shares2,831 views

The Plaude NotePin is a great AI voice recorder, and it’s totally doomed

new admin - Sep 14, 2024

Kudos to Plaud for one thing: in a year otherwise marred by high-profile failures and oh so much AI vaporware,…