Cars
De Tomaso Supercar Revival Hits Speed Bump With Lawsuit Against Founder
- Founder accused of cutting corners, using funds for apartment
- Ex-CEO claims he was fired for opposing fraudulent SPAC plans
A planned revival of Italian sports car brand De Tomaso as a maker of $1 million supercars appears to have hit a speed bump with a lawsuit against the founder by the former chief executive officer.
Ryan Berris, who joined De Tomaso Automobili Holdings NA in 2014 as CEO and lead developer of its planned P72 supercar, sued the company and its founder, Hong Kong financier Norman Choi, on Wednesday in Manhattan federal court. Berris claims he was fired last year because he stood in the way of Choi’s plans to move forward with a blank-check merger based on false information.