Just Brands LLC vs. Hussein Ahmad Rakine Speedy Distribution Lawsuit

Simple Summary of the Complaint

Case Overview

Just Brands, LLC (JBL), a Florida-based company specializing in hemp and cannabinoid products, has filed a lawsuit against its former president, Hussein Ahmad Rakine, along with Hassan Ahmad Rakine, Ali Rakine, Sohail Mitha, Speedy Distribution, Inc., and Ash Group of Florida, Inc.

JBL alleges that these individuals and companies engaged in fraud, misused company funds, and harmed JBL’s business for personal financial gain.

Main Allegations

Overcharging for Products

Hussein and the other defendants allegedly set up a scheme where Speedy Distribution bought products at a lower price and then sold them back to JBL at inflated prices.
Just Brands, LLC vs. Hussein Ahmad Rakine, Speedy Distribution Legal Dispute  resulted in JBL overpaying by over $2 million.

Unauthorized Use of Company Money

Hussein allegedly used JBL’s money to buy illegal nicotine vapes from China, which were then sent to Speedy Distribution instead of JBL.
The defendants allegedly sold these products and kept the profits.

Illegal Kickbacks and Business Deals

Hussein allegedly made secret deals with a vendor called Vapor Artillery, inflating service costs.
Under his leadership, JBL’s business with Vapor Artillery jumped from under $1 million to nearly $6 million, despite JBL having the ability to produce the same products in-house for much less.

Breach of Employment Contract and Spying

Hussein allegedly shared confidential business information for personal gain.
Even after leaving the company, he kept unauthorized access to JBL’s security cameras and spied on company activities.

Defamation and Business Interference

The defendants allegedly spread false rumors about JBL, telling vendors and distributors that JBL was financially unstable.
This was allegedly done to drive business away from JBL and towards their own companies.

Legal Claims

JBL is suing for:

Breach of fiduciary duty (failure to act in JBL’s best interest)
Fraud and unjust enrichment (profiting unfairly)
Tortious interference with business relationships (damaging JBL’s business)
Breach of contract (violating employment agreements)
Civil conspiracy (working together to defraud JBL)

What JBL Wants

JBL is asking the court to:

Order the defendants to repay over $50,000 in damages
Award additional compensation for lost business and harm caused
Grant punitive damages to punish the defendants
Hold a jury trial to decide the case

This case involves serious allegations of fraud, financial misconduct, and business sabotage. JBL is seeking justice for the harm caused to their company.