Brick Brewing Files Lawsuit Against Founder Jim Brickman

brick_logoWATERLOO, ONBrick Brewing announced today that they have commenced legal proceedings in the Ontario Superior Court of Justice against brewery founder Jim Brickman, alleging that he “committed wrongs against the Corporation for several years and caused the Corporation significant damages.” The lawsuit claims damages in excess of $1 million.

In a statement, Brick Brewing president and CEO George Croft said “It is most unfortunate that this has come to light. The Board of Directors is very disappointed, but must act according to its duties and obligations, and pursue this matter on behalf of all Brick Brewing shareholders.”

Brickman departed his role as Executive Chairman in December 2008 and resigned from the Board of Directors in February 2009.

UPDATE: The Globe & Mail has published an article with more details on the lawsuit and the allegations it contains.

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  1. A real shame it has come to this. I thought it was surprising that new management wiped the face of Jim Brickman (Who put “Brick” into Brick brewing) from the website and marketing. Now they are going for his head.

    BRB being a public company, I figure they must have a pretty strong case against Mr. Brickman to throw their weight around.

    For the record, I am a happy shareholder of Brick Brewing (BRB on Toronto).

    Keep selling lots of Red Baron!