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

By wazup on August 31, 2024 Comments Closed / 44 views

A new lawsuit claims that Osom Products CEO Jason Keats has been using company money to fund trips, exotic cars, and his racing hobby.

By Wes Davis, a weekend editor who covers the latest in tech and entertainment. He has written news, reviews, and more as a tech journalist since 2020.

A picture of the OSOM OV1 smartphone laying face down. — a:hover]:text-gray-63 [&>a:hover]:shadow-underline-black dark:[&>a:hover]:text-gray-bd dark:[&>a:hover]:shadow-underline-gray [&>a]:shadow-underline-gray-63 dark:[&>a]:text-gray-bd dark:[&>a]:shadow-underline-gray”>Image: Osom

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.