Ex-employees of Ramaswamy’s investment company sue, claiming they were misled or pushed to violate securities law

Re­pub­li­can pres­i­den­tial can­di­date and for­mer biotech CEO Vivek Ra­maswamy, and the an­ti-ESG as­set man­age­ment com­pa­ny he co-found­ed, were sued in re­cent months by two for­mer em­ploy­ees in Kansas and New Jer­sey.

The first suit, filed in June by John Phillips, a for­mer SVP of Strive As­set Man­age­ment, al­leges that Phillips left his lu­cra­tive job at JP­Mor­gan Chase af­ter Ra­maswamy mis­rep­re­sent­ed that the com­pa­ny was well-fund­ed and that Ra­maswamy would stick around, ac­cord­ing to Bloomberg News, which first re­port­ed on the suits on Fri­day.

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