Boohoo Faces $329M in Legal Claims Over Sweatshop Scandal
Legal claims against UK-based fast-fashion company Boohoo over its Leicester sweatshop scandal have risen to £10 million ($13.4 million), increasing the total compensation sought from investors and claimants to £245 million ($329 million). The lawsuit, led by law firm Fox Williams in London's High Court, alleges that former co-founder Mahmud Kamani was aware of poor working conditions before a 2020 scandal caused Boohoo’s share price to drop significantly.
Topics: corporate_governance investor_relations labor_rights