"Sweeney claims that AIME failed to pay the bonus by its Feb. 29, 2024, deadline and stopped making $20,000 monthly severance installments in January after paying nine of 12 installments. Sweeney made several demands and inquiries regarding the payments, the suit shows. On January 31, 2025, AIME responded, acknowledging Sweeney's January 27th demand letter but advising that AIME is investigating' the Agreement and that, while its investigation is pending, AIME will not be making any payments to Sweeney, the suit states."
"AIME, however, filed a notice of removal on April 10, 2025, which moved Sweeney's lawsuit out of the Texas state court and into federal court. The group then fired back with an answer to the complaint on April 17 outlining several counterclaims and allegations that Sweeney arranged her own exit package, pressured AIME President Marc Summers to sign it, and directed more than $900,000 in payments to herself between 2021 and 2024."
"AIME is now asking the federal judge to declare the transition agreement void. It argues that the document violated bylaws that barred compensation for directors and was never approved by its board. AIME is also seeking to rescind payments already made to Sweeney. In an August court filing that answered AIME's counterclaims, Sweeney denied wrongdoing and said the group already acknowledged her 2023 bonus and approved her transition agreement."
Sweeney alleges AIME failed to pay a bonus due Feb. 29, 2024, and stopped $20,000 monthly severance payments in January after nine of 12 installments. On Jan. 31, 2025, AIME acknowledged a Jan. 27 demand letter and said it was 'investigating' the Agreement and would not make payments while investigating. AIME removed the suit to federal court on April 10, 2025, and counterclaimed that Sweeney arranged her exit package, pressured President Marc Summers, directed over $900,000 to herself, and steered contracts to entities she controlled. AIME seeks to void the transition agreement and rescind payments; Sweeney denies wrongdoing and says the 2023 bonus and transition were acknowledged and that UWM CMO Sarah DeCiantis negotiated exit terms.
Read at www.housingwire.com
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