Rent-A-Husband founder sues Maine law firms

Posted March 23, 2011, at 4:20 p.m.

PORTLAND, Maine  — A Maine home improvement company founder who was ordered last month to pay $2 million to reimburse investors is hoping to recoup at least 100 times that amount in a lawsuit.

Kaile Warren Jr., founder of Rent-A-Husband, is suing a pair of law firms as well as Ace Hardware. He’s seeking $200 million, as well as additional punitive damages.

The Portland Press Herald says Warren contends he received bad legal advice in the process of seeking and obtaining investments for his franchised handyman business. He also contends Ace Hardware pulled the rug out from under him when a collaborative business venture fell apart in 2008.

The state dropped criminal charges against Warren last month in exchange for his agreement to reimburse investors. Warren contends he did nothing wrong.

 

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