Diddy Temporarily Steps Aside as Chairman at Revolt in Wake of Lawsuits

Diddy isn't about to let issues in his personal life take down the successes in his professional life, making the difficult decision to temporarily step aside from his role as Chairman at Revolt.

Sources with direct knowledge tell TMZ Diddy decided last week he'd make the temporary move. We're told his goal in making the decision was to not allow the accusations he's facing distract from Revolt's mission or success.

Revolt is currently celebrating its 10-year anniversary, and doing well under the leadership of CEO Detavio Samuels and Chief Brand Officer Deon Graham. We're told Diddy is not involved in the company's day-to-day.

As we reported, Diddy was quick to settle a lawsuit brought by Cassie with an amicable resolution where she accused him of sexual assault, abuse and human trafficking.

There have since been two additional lawsuits filed against Diddy ... Joi Dickerson-Neal says Diddy sexually assaulted her on camera when she was a college student back in 1991, and a Jane Doe says Diddy and singer-songwriter Aaron Hall took turns raping her and friends in either 1990 or 1991.

A rep for Diddy addressed the 2 additional lawsuits by saying, "The claims involving alleged misconduct against Mr. Combs from over 30 years ago and filed at the last minute are all completely denied and rejected by him. He recognizes this as a money grab. Because of Mr. Combs’ fame and success, he is an easy target for accusers who will falsify the truth, without conscience or consequence, for financial benefit."

The statement continues, "The New York Legislature surely did not intend or expect the Adult Survivors Act to be exploited for improper purposes. The public should be skeptical and not rush to accept these unsubstantiated allegations."