An Ontario court judge sided with cosmetics giant Estée Lauder Co. in its legal fight against Deciem founder Brandon Truaxe, ordering that he be removed from the skin-care company he started in 2013, the Wall Street Journal reported. “Urgent relief is necessary in order to save this business,” Ontario Superior Court Judge Michael Penny said, citing Truaxe’s recent behavior in his decision. The order, which takes effect immediately, strips Truaxe of his chief executive title and seat on the Deciem board. Early this week, in a video posted to Deciem’s Instagram account, Truaxe announced Deciem would “shut down all operations until further notice,” citing “major criminal activity” by company employees. The move prompted Estée Lauder, which owns a minority stake in Deciem, to file a lawsuit seeking Truaxe’s removal.
