On Friday, a founder and partner, Doug Quint, filed a lawsuit in New York State Supreme Court accusing another partner, Jon Chapski, of mismanaging the company and fraudulently collecting government loans during the pandemic.
During the pandemic, though, the good vibes evaporated. Today, after multiple missteps, unpaid debts and evictions, the company's future is murky. Mr. Quint is working in a Walgreens pharmacy in Pittsfield, Maine, where he grew up. Mr. Petroff works in human resources for a New York restaurant chain.Both men say they hope to pull the company back from the brink and continue without Mr. Chapski, whom they hired as a financial adviser in 2011 and made a partner in 2016. The founders continued to develop new products and marketing efforts, but Mr. Chapski effectively ran the business.Mr. Quint is seeking at least $4 million, claiming damages arising from breach of contract, fiduciary irresponsibility and "willful misconduct" by Mr. Chapski. (Mr. Petroff, who like Mr. Quint still retains a 35 percent ownership stake, has declined to be a party to the suit, citing the expense of legal representation, but said Mr. Quint had his "full support.")In his lawsuit, Mr. Quint accuses Mr. Chapski of failing to pay landlords, vendors and the I.R.S.; concealing legal proceedings and business moves from him and Mr. Petroff; and collecting government loans during the pandemic while the stores remained closed and employees went unpaid. Public records show that the four New York City stores — each of which is a separate limited-liability corporation — received loans totaling more than $500,000.
Aquarius is low in the sky, and the glare from the streetlights on East Third Street made it very difficult to make out Saturn, some 800 million miles distant. Thanks to everyone who stopped by...
