Two Eaconomy lawsuits claiming fraud have been voluntarily dropped in what most likely amounts to an agreed settlement.
On January 21, 2025, Hassan Mahmoud filed a lawsuit against Josh Zwagil, the owner of My Daily Choice, and his ex-wife Candace Ross.
On February 24, 2025, Mahmoud’s case was voluntarily dropped.
Mahmoud was sued by Ross and Zwagil on January 24, 2025.
On February 24th, Ross and Zwagil’s case was also voluntarily dropped.
It was quite obvious after going through both lawsuits that Mahmoud was asserting majority ownership of Eaconomy on the basis of a 2023 Sales Agreement that he had broken.
According to the terms of the Sales deal, which Mahmoud acknowledged and even referenced in his complaint, Mahmoud did not lawfully own majority ownership as he claimed since he had not complied with the requirements of the deal.
There’s no disclosure of settlement terms in either voluntary dismissal but I’m pretty confident Mahmoud realized if he pursued the matter, he’d have to explain why he was pushing terms of a Sales Agreement he knowingly violated.
Without disclosure from Mahmoud, Ross or Zwagil, the future of Eaconomy is uncertain.
At time of both lawsuits being filed, Zwagil (right) and his company Creative Brands LLC legally own a majority share in Eaconomy. There has been no public disclosure for what Zwagil’s plans for Eaconomy are.
If somehow Mahmoud gaslit Ross and Zwagil into accepting he both violated the 2023 Sales Agreement and retained claimed majority ownership, what that means going forward is also unclear.
Pending disclosure as to what on Earth is going on, now is probably not a good time to be in Eaconomy.
