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SCOOP: Stiiizy settled fraud suit with former in-house lawyer

stiiizy

Stiiill life with Stiiizy products (Alex Halperin)

By Alex Halperin
08/03/2024 10:24 AM GMT-0700
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Stiiizy settled a lawsuit filed this year by a former in-house lawyer. A vehicle controlled by Eric Lightman sued the company, California's best-selling brand and one of its largest retailers, alleging fraud and other charges.

Stiiizy president Tak Sato declined to comment on the confidential April settlement.

Lightman, who joined LA-based Stiiizy's former parent company Shryne Group in 2019 and served until 2022, according to his LinkedIn profile, is now general counsel at rival California retailer Embarc.

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