Nov. 6, 2012: Tory Fires Back
Lawyers for Tory Burch filed a countersuit, claiming that Chris used his knowledge of her company to create C. Wonder, which court papers referred to as a "knock-off" of Tory Burch. The filing offered more info about why the sale of Chris's shares (codenamed Project Amethyst in the investment community) didn't go through. The top three bidders stipulated that Chris wouldn't use the hundreds of millions he generated from the sale to fund C. Wonder, but that agreement was never signed.
Tory Burch's Cashmere Hull Cardigan, at left, and C. Wonder's Tipped Cashmere Cardigan.
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