The boss of Eos, the maker of a popular egg-shaped lip balm, is an “unscrupulous” manager who cheats on his business partners, according to a new lawsuit.
Jonathan Teller, CEO of Eos, booted co-founder Bion Bartning in 2008 and then cut Bartning out of his stake in the company. This resulted in a new complaint filed in the New York State Court.
Bartning learned that his 20 percent stake in Eos holding, The Kind Group, had only been cut to 0.1 percent after reading Teller last October, Eos co-CEO Sanjiv Mehra on The Post booted in a similar way.
“It was his understanding that the Kind Group was reinvesting its shares and that its payout would come if and when the company was sold,” said Bartning’s attorney Mari Bonthuis.
Teller’s “animus” to Bartning, which made “offensive comments” about his Mexican heritage, was so great that a “healer” was brought to the company’s Manhattan offices after he was fired to “kill” Bartning’s “spirit clean “The complaint.
As The Post reported last year, Mehra accused Teller of abusing Eos money, including hiring a fortune teller to advise the company on expansion plans. Mehra said Teller staged his fall after complaining about Teller’s expenses.
Neither Eos nor Teller responded to a request for comment.
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