Activist firm rips Tom Barrack for Trump ties and seeks to remove him as Colony Capital CEO

Activist firm Blackwells Capital is looking to oust President Donald Trump ally, Tom Barrack, from his role as CEO of real estate and investment management company Colony Capital.

Barrack helped chair Trump’s Presidential Inaugural Committee, which has been investigated by federal authorities.

Trump represent “significant personal distractions that are a blemish on the reputation of the company,” Blackwells says.