First Brands Group LLC has filed a lawsuit this month against its founder and former CEO, alleging he “fraudulently secured billions of dollars of financing for First Brands” and then enriched himself and his family by misappropriating hundreds of millions of dollars from the company.

The complaint, filed in federal bankruptcy court in Texas, claims former CEO Patrick James manipulated financial statements and concealed debt to obtain financing that ultimately left the auto-parts supplier “insolvent and out of cash.”

The lawsuit comes less than two months after First Brands filed for Chapter 11 bankruptcy, reporting more than $10 billion in liabilities.

Read more: Major auto parts company files for bankruptcy with over $10 billion in debt

First Brands is one of the world’s larges

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