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Kathy Ireland Sues Longtime Managers, Alleging Decades of Looted Wealth

The Santa Barbara filing seeks a full accounting with damages that could reach $100 million.

Overview

  • Ireland and husband Greg Olsen filed a complaint in Santa Barbara County Superior Court accusing Jason Winters and Erik Sterling of draining assets and leaving the family in debt.
  • The suit also names former kathy ireland Worldwide figures including Stephen Roseberry, Jon Carrasco and Brittany Duncan, alleging a coordinated breach of fiduciary duty.
  • The complaint says the managers held power of attorney for more than 35 years, paid Ireland’s expenses instead of a salary and assured the couple they were extraordinarily wealthy.
  • Allegations include secret loans, misused credit, depleted home equity and life insurance, missing funds, damaged credit and a forced home sale with no substantial retirement savings.
  • The plaintiffs’ attorney called current findings the tip of the iceberg, while Winters’ October 2025 social post hinted at a rift and the defendants have offered no detailed rebuttal in the coverage.