Civil Litigation
Mar. 5, 2025
Uoma Beauty founder sues over company's sale while she was on leave
Sharon Chuter, founder of Uoma Beauty, has filed a lawsuit alleging new the company was valued at $50 million but sold to satisfy a $6.2 million loan, leaving her with nothing.
Uoma Beauty's founder has sued its new management in Los Angeles County Superior Court, claiming it defaulted on a loan and sold off company assets while she was on medical leave.
The complaint, filed on Sharon Chuter's behalf by Brown Neri Smith & Khan LLP, claims constructive fraudulent transfer, intentional fraudulent transfer, aiding and abetting fraudulent transfer, receipt of stolen property and unjust enrichment.
It says that the company's Series A...
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