After dealing with a collection of lawsuits this summer time from girls alleging rape, the Alexander brothers at the moment are contending with a brand new authorized motion towards them from Facet, which had backed their luxurious agency.
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Tal and Oren Alexander have gone by some rocky months, turning into the recipients of a number of lawsuits alleging that they’ve sexually assaulted and raped girls, in the end spurring them to half methods with their former cofounders of Official Companions.
Now, white-label brokerage Facet, which backed Official, has additionally sued the brothers for breach of contract, alleging that the brothers and the agency didn’t pay again a promissory observe and uphold a safety settlement that date again to Aug. 2022.
The swimsuit was filed on Friday in U.S. District Courtroom in San Francisco, HousingWire reported.
The grievance states that Official Companions agreed to pay Facet the principal sum of a redacted quantity, plus curiosity, as outlined in phrases that had been agreed upon within the observe. The grievance additionally says that the Alexanders additionally signed the observe as guarantors.
After the lawsuits towards the brothers alleging sexual assault got here to gentle, Official’s different cofounders — Nicole Oge, Andrew Wachtfogel and Richard Jordan — tried to distance themselves from the brothers. At the moment, Oren and Tal stepped away from their roles on the agency and their licenses had been not lively with Facet. The lawsuit grievance notes that the dissociation of their licenses was executed with the brothers’ “full knowledge and consent.”
After negotiations with the brothers fell by, Oge, Wachtfogel and Jordan determined to forfeit their possession within the firm and formally left the agency on Aug. 15.
The lawsuit from Facet alleges that in mid-July, the brokerage demanded cost from Official, however the agency refused. Facet additionally demanded that the Alexanders abide by their obligations made within the safety settlement, the small print of which had been redacted. Solely Tal and Oren Alexander are named as defendants within the lawsuit, together with Official Companions New York — Ogen, Wachtfogel and Jordan, though talked about within the grievance, aren’t defendants.
“When the business loan that is the subject of the lawsuit was extended to Official in 2022 and renegotiated in April 2024, Side had no knowledge of the allegations against the Alexander brothers,” a Facet spokesperson advised Inman in an e-mail. “We would not have entered into a financial agreement and continued doing business with them, had we known.”
On condition that Official and the Alexanders didn’t adjust to Facet’s request, the agency was compelled to sue, the grievance states.
Facet is requesting damages that cowl the unpaid steadiness of the promissory observe, in addition to accrued curiosity, attorneys charges and a jury trial. Facet additionally requested that the courtroom subject orders requiring one thing of the Alexanders, which was redacted as effectively. Inman has reached out to Tal and Oren Alexander for remark.
Previous to launching Official in 2022, the Alexanders had a group at Douglas Elliman for about 10 years.
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