"AIME has disputed Sweeney's role, describing her as a board chair, but Sweeney's complaint cites a 2021 press release issued by AIME and approved by President Marc Summers and DeCiantis that publicly named Sweeney as CEO."
"Sweeney says these disputes, along with resistance to governance reforms, led to her resignation in September 2023 and a transition agreement promising $240,000 in bonuses and $240,000 in severance. She alleges AIME failed to fully pay the amounts and that UWM and DeCiantis directed the group to stop payments after she joined Rocket Pro at the start of 2025."
"AIME, meanwhile, has alleged that Sweeney arranged her own exit deal, pressured Summers to approve it and directed more than $900,000 in payments to herself from 2021 to 2024. Sweeney has denied the allegations. In early January, it was decided that since UWM and DeCiantis are Michigan-based, the AIME-Sweeney lawsuit would be moved to a Michigan court."
Sweeney's complaint cites a 2021 AIME press release approved by President Marc Summers and DeCiantis that named Sweeney as CEO. The complaint alleges DeCiantis and UWM CEO Mat Ishbia pressured Sweeney and Summers through texts, calls and emails to benefit UWM and limit competing lenders. Sweeney alleges she uncovered financial misconduct at AIME, including alleged embezzlement and misuse of funds, and that leadership declined corrective action. She resigned in September 2023 and a transition agreement promised $240,000 in bonuses and $240,000 in severance, which she says AIME failed to fully pay. AIME alleges Sweeney arranged her own exit and received over $900,000 in payments; Sweeney denies those claims. The lawsuit moved to Michigan, and UWM and DeCiantis answered on Jan. 16 denying most claims and disputing key allegations.
Read at www.housingwire.com
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