LuLaRoe LLC’s primary clothing supplier sued the leggings company over $49 million in unpaid bills and accused its top executives of looting its assets to buy exotic cars, private planes and real estate.

The Long Beach, Calif., supplier, Providence Industries LLC, said Thursday that LuLaRoe hadn’t paid its bills for seven months while its principals, Mark and DeAnne Stidham “lavished themselves with luxurious lifestyles” by misappropriating money belonging to creditors.

LuLaRoe, known for its brightly patterned leggings, drew tens of thousands of retail salespeople with its message of financial empowerment and community. But more than a dozen lawsuits seeking class-action status have piled up against the company, some alleging it is essentially a pyramid scheme run at the expense of its individual apparel sellers.

LuLaRoe has previously denied the allegations. The complaint filed Thursday in Riverside County, Calif., Superior Court said Providence believes LuLaRoe is insolvent, based on its nonpayment of debts to numerous vendors and the numerous lawsuits pending against it.

LuLaRoe didn’t immediately respond to a request for comment.