Wealth Masters International filed a lawsuit in the Houston Division of the Southern District Court of Texas earlier this year, claiming past consultants and affiliates "gutted" the company. The suit names Jason "Jay" Kubassek, Aaron Parkinson, Andrew Cass, Jeffrey Lerner, Aaron and Sophia Rashkin, and Michael Force as defendants.

The lawsuit follows WMI's stalled plans to go public in late 2011, possibly due to an SEC investigation into the company. Wealth Masters International, launched during a boom in personal development MLM opportunities, appears operational but has largely ceased active growth.

WMI accused the defendants of several actions. These include breaching agreements to exclusively market WMI's financial education and consulting products. The complaint also cited breaches of consulting contracts concerning conflicts of interest and solicitation of other consultants.

Further allegations detail the breach of fiduciary duties to WMI and the misappropriation of WMI's trade secrets. Defendants also faced claims of breaching employment agreements not to disclose confidential information, not to solicit employees, and not to compete with WMI. WMI also accused them of wrongfully interfering with existing employment and consulting agreements.

The complaint included charges of slander, libel, business disparagement, unjust enrichment, and conspiracy.

The 34-page amended complaint, filed on July 29, largely focuses on the abrupt separation of Carbon Copy Pro (CCP) from Wealth Masters. It also details a partnership between Pro U, CCP, and Automatic Millionaire.

Defendants Kubassek, Parkinson, and Cass each signed an employment or consulting contract with WMI and served on its Executive Committee. Their company, CCP, provided online marketing services for WMI, a network marketing firm selling financial education and consulting products worldwide.

WMI states it paid Kubassek, Parkinson, Cass, and CCP millions of dollars for their agreement to exclusively develop WMI's business. Their contracts also prohibited them from soliciting WMI's consultants or competing with the company. Despite these agreements, Kubassek, Parkinson, Cass, Lerner, and CCP allegedly began secretly recruiting WMI's employees and consultants. They pushed a competing product based on David Bach's "Automatic Millionaire" concept, using a network marketing program CCP/Pro U had developed for a year. These recruits were required to sign nondisclosure agreements.