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Estée Lauder Sues Deciem Founder Brandon Truaxe

The Deciem drama is moving from Instagram to the courtroom.
The Estée Lauder Cos. has filed an injunction against founder Brandon Truaxe, following Truaxe’s announcement on Instagram that Deciem was shuttering operations. Truaxe posted an email from the Lauder lawyer Mark Gelowitz on Instagram Thursday, which said that the company is commencing injunction proceedings in the Ontario Superior Court of Justice. The first hearing is scheduled for today at 10:30 a.m. in Toronto, which will determine a date for a reading on injunctive relief.
Truaxe made an announcement on Instagram Monday in which he said the company would shut down for two months. The Estée Lauder Cos. bought a minority stake in the company, 28 percent, in 2017.
“This is the final post of Deciem, which we will shut down all operations until further notice, which is about two months … Please take me seriously … almost everyone at Deciem has been involved in a major criminal activity, which includes financial crimes,” Truaxe said on Instagram Monday.
Over the course of this week, Deciem stores closed their doors, and the company’s home page was replaced with a blank, red page. The company’s brands, like The Ordinary and Niod, were still shoppable on their own sites.

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Via:: https://wwd.com/beauty-industry-news/beauty-features/estee-lauder-sues-deciem-founder-brandon-truaxe-1202876476/