Less than a year ago, Chris Kyle, the former Navy SEAL known as one of the most lethal snipers in history and famed author of “American Sniper,” was killed at a Texas gun range. Now, his wife is suing executives at the company he helped start, alleging they’ve conspired to “steal” it.
Craft International, a defense and combat training company co-founded by Kyle in 2009, is at the center of the lawsuit launched by Taya Kyle.
The Dallas Morning News reported details of the suit against Craft’s CEO Steven Young and Chief Operating Officer Bo French, which included accusations of shutting Taya out of certain aspects despite her claim to own 85 percent of the company:
The suit says that Young, the company’s CEO, and French, its chief operating officer, had the opportunity to buy Chris Kyle’s ownership “units” following his death, but “did not exercise their respective rights” within 130 days, per the company’s own rules. As such, says the suit, Taya Kyle owns 85 percent of Craft. But the suit alleges that Young and French refuse to make the company’s financial records available to Chris’s widow.
Furthermore, says the suit, “Upon information and belief, Young and French transferred and diverted Craft’s contracts and assets to another entity without the knowledge, consent or authority of Kyle, the majority interest holder of Craft. Upon information and belief, Young and French usurped Craft’s business opportunities for their personal benefit.”
Taya Kyle alleges that Young and French created a company called Craft International Risk Management (CIRM).
“What it looks like from the outside is they pushed the debt to Craft and the income to CIRM,” Friedman says in an interview. “Someone is manipulating the company, and we can’t stand for that.”
When the Morning News reached Young, he declined to issue a comment for both himself and French.
Taya Kyle is looking to access company records and also wants Craft International to stop using the skull logo her husband designed.
Although a plaintiff in this case, Mrs. Kyle is also the defendant in a defamation lawsuit launched by Jesse Ventura.
Read more about this latest lawsuit against Kyle’s company in The Dallas Morning News.
(H/T: Daily Mail)