Jacqueline & Chris Laurita Sued In $7 Million Dollar Lawsuit For Signature Apparel Bankruptcy!

RumorFix is exclusively reporting that Jacqueline and her in laws are being sued for more than $7 million in bankruptcy court, and they are accused of converting millions of dollars for their own personal use. The lawsuit revolves around Signature Apparel Group, LLC, which was started by Jacqueline’s husband, Chris, and his brother, Joseph. Signature went bankrupt in 2010, but attorneys are alleging the Laurita’s “drained the company of all its funds and assets in order to support their families increasingly opulent lifestyle.”

Now the trustee is suing Jacqueline and her in-laws and RumorFix is reporting Jacqueline was summoned for a deposition on November 13th for the case! The court documents state Jacqueline’s, “wrongful conduct … contributed to and exacerbated Signature’s insolvency.”

RumorFix is also reporting the court papers indicate the Laurita’s spent millions of dollars of the company’s money on their family expenses:

  • $2 million in credit card payments
  • $331,637 on at least 11 leased cars including a Bentley and a Maserati
  • $284,793 on airline travel
  • $145,894 for private jet rentals
  • $73,793 for car services
  • $25,000 for an off-Broadway theater company
  • $16,951 in rental cars

The trustee’s attorney, Michael Fox, tells RumorFix, “It frustrates me that they are so public about their lavish lifestyle and they show indifference.”

UPDATE: Today, November 13th, was the day Jacqueline was scheduled for her deposition. We are assuming it went well judging by some of her tweets earlier today. Did Jacqueline plead the fifth? Pun intended… Check her tweets out below. Chris and his brother Joseph have already started their depositions, but have had a scheduling conflict. Hmm, wonder why? Joseph is rescheduled to appear on November 19th and Chris on December 4th. Joseph’s wife’s deposition will be on November 16th.

Photo Credit: Bravo/Twitter


5 Replies to “Jacqueline & Chris Laurita Sued In $7 Million Dollar Lawsuit For Signature Apparel Bankruptcy!”

  1. k so richies being sued……the lauritas are being sued….. the gorgas are allegedly broke….. yet all they care about is exposing TERESA and all her issues to make themselves look flawless, when she’s already open about the whole bankrupcy. go figure, hypocrites

  2. I feel bad for Teresa, at least she is honest. I can’t believe the Gorgas and Lauritas. They just zeoulous of Teresa, because she is getting the fame and trying to make a better life since they had the finances problems that Joe caused her. She was opened about it in the beginning and told the hole world what they were going through, and the greeting selfish Gorgas and Lauritas are saying about Teresa and Juicy Joe. Not cool.

  3. Agree w all the posts. Teresa has my respect, she has worked her ass off to REPAY their debtors! She has stayed humble w all her fame, a great mother and wife and a work ethic thats just increrible!! And of course..looks fabulous the whole time 🙂 how does she do it All?!?! Xx

  4. Jac was throwing stones at Teresa, well Karma is throwing boulders at Jac LOL. This is my first time visiting this site, OMG I love it

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