Noonan12Noonan

Summary of the Complaint Background: Just Brands, LLC (JBL), a Florida company that sells hemp and cannabinoid products, is suing its former president, Hussein Ahmad Rakine, along with several other individuals and companies. The lawsuit alleges financial misconduct, fraud, and business interference. Key Allegations: Self-Dealing & Overcharging JBL Hussein, as JBL’s president, made JBL buy products from Speedy Distribution (a company he and others controlled) at inflated prices. Instead of JBL buying directly from manufacturers for $12-$14 per unit, it was forced to pay $18-$22 per unit, costing JBL over $2.1 million in excess charges. Unauthorized Purchase of Illegal Vapes Hussein used JBL’s money ($162,000) to buy illegal nicotine vapes from a Chinese company, Geek Bar. These vapes were not delivered to JBL but were sent to Speedy Distribution, which then sold them for profit, keeping the money. Receiving Kickbacks from Vendors Hussein allegedly made JBL overpay a vendor called Vapor Artillery by up to 40% more than market prices. JBL later found out that Just Brands, LLC vs. Hussein Ahmad Rakine, Speedy Distribution Legal Dispute was receiving secret kickbacks from this vendor. Breach of Employment Contract & Fiduciary Duty Hussein was supposed to act in JBL’s best interest but instead used JBL’s money for personal gain. He allegedly kept access to JBL’s security cameras after leaving the company and spied on the business. He also spread false rumors to harm JBL’s business. Legal Claims: JBL is suing Hussein and others for: Breach of fiduciary duty Fraud and conspiracy Unjust enrichment (keeping money they weren’t entitled to) Interfering with JBL’s business relationships Breach of contract What JBL Wants: At least $50,000 in damages (likely much more) Return of stolen money ($2.1 million+ and $162,000) Punitive damages for fraud Legal fees and other costs In short, JBL claims that Hussein and his associates abused their positions to steal from the company, overcharge it, and divert its business for personal gain.