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Exclusive: Trump's postal chief ousted brother to win control of family firm, court files allege
https://www.theguardian.com/business/2020/sep/02/louis-dejoy-postmaster-general-family-brother-court-documentsLast week, as Louis DeJoy testified before the House of Representatives about mail slowdowns around the country, the Republican congressman Jim Jordan praised the embattled postmaster general’s career as the chief executive of New Breed Logistics, saying DeJoy had an “amazing record in business”.
But court documents reviewed by the Guardian allege that as DeJoy expanded his father’s shipping company into a logistics empire, he alienated his own family, pushing his brother Dominick out of the company and triggering an acrimonious legal battle with long-lasting consequences. The lawsuit and its outcome provide new insight into how Louis DeJoy came to control the company that made him wealthy and put him in a position to become a top Republican donor and, later, the postmaster general.
A complaint filed by Dominick DeJoy in North Carolina state court in January 2000 alleges that Louis DeJoy:
forged his brother’s signature to establish joint bank accounts in both of their names.
forced his brother to sign away his ownership stake in New Breed.
restructured New Breed’s ownership to exclude Dominick from the profits.
concealed evidence of the new ownership structure from his brother.
*snip*
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