The allegations against Josh Team, former Keller Williams president, involve accusations of receiving illegal kickbacks, with Aika claiming over $10 million was funneled back to him.
Aika’s counterclaim suggests Team formed EMC to channel funds back to himself after Keller Williams paid Aika over $38 million for software development from 2015 to 2023.
Aika argues that while they were a legitimate company, they contend that Team did not create any value for their product but merely safeguarded the agreement.
As legal proceedings ensue, Aika seeks to have the profit-sharing agreement deemed illegal, which would relieve them of any obligation to EMC.
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