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newsMar 12, 20261:24

Kathy Ireland Sues Business Managers for $100M

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Kathy Ireland and her husband, Greg Olsen, have filed a lawsuit against their former business managers, Jason Winters and Erik Sterling, alleging negligence, theft, fraud, and other misconduct. The couple, who built a multi-billion dollar brand, claim they have no retirement savings, massive debt, and missing funds, leading to the sale of their home. The managers, who once considered the couple family, have not commented publicly, while Irelands legal team vows to expose years of hidden schemes.

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Kathy Ireland Sues Business Managers for $100M

Durham News Today | 2 Min News | The Daily News Now!

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Durham News Today | 2 Min News | The Daily News Now!Kathy Ireland Sues Business Managers for $100M. Machine-transcribed; use the interactive transcript above to jump the player to any line.

On this March 12 in Durham, here's what is making headlines. Kathy Ireland and her husband Greg Olson have filed a lawsuit against their former business managers. They accused the defendants of negligence, theft, fraud, and other serious misconduct. Core papers say the damages could reach tens of millions of dollars, or even top 100 million dollars. Ireland built a massive brand in home decor, furniture, jewelry, and fashion. Her products sell at big stores like Home Depot and Walmart. Back in 2021, her company reported $3.1 billion in retail sales, according to Forbes. The couple claims they trusted the managers with total control over their finances. Now they say there's no retirement savings, just massive debt and missing funds. They even had to sell their home to get by. The managers, Jason Winters, and Eric Sterling, started working with Ireland a year after she married Olson. The pair, who are married to each other, once said they love the couple like family. Winters recently posted vaguely about a business fallout on social media.

Ireland's legal team vows to dig deep and expose years of hidden schemes. They're pursuing the case aggressively, and so far the defendants haven't commented publicly. This DNN story comes to you thanks to our sponsor. No earbuds, no headbands, no awkward sleeping positions, just the pillow that plays your sound. S-O-L-I-SoliPellow.com

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