Fusion Brands America Inc. slapped its former chief executive officer Caroline Pieper-Vogt with a lawsuit Wednesday, alleging that she violated her employment contract by disclosing confidential financial information and used the company’s funds for personal use.
Filed in New York Supreme Court, the complaint accused the former ceo of “mismanaging” the cosmetics company’s assets, “misusing” corporate funds for her personal benefit and “performing services” for companies not affiliated with Fusion, among other things. Pieper-Vogt, who resigned “unexpectedly” from Fusion on Oct. 28, claimed that she was entitled to “substantial severance pay,” according to Fusion, which said there was “no basis” for such an assertion.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"