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The Real Deal: Case vs. Former PropertyShark CEO

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The Real Deal: Held & Hines’ Case vs. Former CEO of Property Shark Covered in the Media

Former PropertyShark CEO facing $44M lawsuit

Ryan Slack is accused of “stealing” his ex-girlfriend’s business

Ryan Slack, the former CEO of the real-estate data site PropertyShark, is facing a $44 million lawsuit from his ex-girlfriend for allegedly swiping her business, Fashion Digital New York.

Sandy Hussain says in the suit that Slack is a pathological liar and philanderer who  “survives off a steady diet of women,” according to the New York Post.

“Ryan Slack lied and cheated his way into my life, my heart and then into my business,” Hussain said.

Hussain claims that she confided in Slack regarding an idea for a new venture combining fashion and technology called Fashion Digital New York and that they agreed to divide the profits equally – although not in writing.

Since their break up, Slack — who left PropertyShark in 2008 – is accused of shutting Hussain out of the daily operations of the company and not paying her appropriately. [NYP] – Christopher Cameron

– See more here.

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