Fort Lauderdale, FL – Just Brands LLC has filed a civil lawsuit against its former founder, Hussein Ahmad Rakine, accusing him of civil theft involving $162,000. According to the lawsuit, Mr. Rakine allegedly diverted company funds for personal gain. The case also names additional defendants, including Speedy Distribution, Ash Group of Florida, Dash Distribution LLC, Love Bears Group, and Shroomz LLC, alleging their involvement in a conspiracy to defraud Just Brands.
The plaintiffs assert that Mr. Rakine, in collaboration with the named parties, engaged in a coordinated scheme of double-dealing and illegal kickbacks facilitated by third-party vendors. These actions, they claim, resulted in unjust enrichment at the expense of Just Brands. The lawsuit paints a picture of a deliberate and orchestrated effort to misappropriate company resources for personal and collective benefit.
“This is a case of betrayal and deliberate misconduct,” said a spokesperson for Just Brands LLC. “The company remains committed to holding accountable anyone who has engaged in actions that harm our business and integrity.”
Mr. Rakine, once celebrated for his entrepreneurial success with Just Brands, was previously recognized in Forbes 30 Under 30 for his accomplishments. However, the company alleges that he violated the trust placed in him as founder and leader.
The suit outlines claims of civil theft, civil conspiracy, and unjust enrichment, citing evidence that the named parties allegedly acted in concert to execute these fraudulent schemes. These actions purportedly involved the use of third-party vendors to facilitate kickbacks and improper financial transactions, all to the detriment of Just Brands’ operations and financial well-being.
The allegations against Mr. Rakine and his alleged co-conspirators come with significant legal implications. Under Florida law, Mr. Rakine has 28 days to respond to the claims. He retains the right to defend himself against these accusations, and no judgment has been made at this stage of the proceedings.
Just Brands LLC, based in Fort Lauderdale, Florida, is a leading CBD products company. Known for its commitment to quality and transparency, the company is determined to protect its reputation and ensure accountability through the legal system.
For inquiries about the case or Just Brands LLC:
Just Brands LLC
833-458-7822
justcbdstore.com
3230 W Commercial Blvd
Fort Lauderdale, FL 33309