LeEco has been nothing short of a dumpster fire for the past few months. Back in May, Jia Yueting stepped down as CEO after the company’s botched attempt to enter the US market left LeEco strapped for cash. Not long after, Yueting’s personal assets were frozen due to a missed loan payment. If you thought things couldn’t get worse for LeEco, you were wrong.

Almost one year ago, LeEco announced that it would purchase all of Vizio’s hardware and software businesses for $2 billion.

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LeSuit: Vizio sues LeEco for $100 million after failed buyout was written by the awesome team at Android Police.

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