"The lawsuit, filed in March in Suffolk County Superior Court, named Demetri Tsolakis - the CEO of Xenia Greek Hospitality, which includes restaurants Krasi, Bar Vlaha, Kaia, and others - as the defendant."
"According to the complaint, Pier 50, LLC alleges that over the course Tsolakis' 10 years of employment, he diverted funds to his businesses through a range of schemes, including taking cash from restaurant receipts and 'petty cash' funds."
"Tsolakis' attorneys are skeptical of the timeline and scope of his authority, stating that Tsolakis served as Committee's general manager only until 2017, the same year his client opened his first Greco location in Back Bay."
Pier 50, LLC has filed a lawsuit against Demetri Tsolakis, the former general manager of Committee, claiming he misappropriated over $1 million in corporate funds. The lawsuit alleges that Tsolakis diverted funds for personal use and to support his competing restaurants during his tenure from 2014 to 2023. Tsolakis' attorneys dispute the claims, stating he only served as general manager until 2017 and lacked the financial control alleged in the lawsuit, transitioning to a director of operations role and later becoming a consultant.
Read at Boston.com
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