Category Archives: Fraud

Judge Suggests Parties Settle Ugly Dispute Over Art Valuation Over Cocktails in the Hamptons

A feud between a billionaire art collector and a gallery owner continued in a Manhattan court on June 5, 2013.  The head of Forbes Holdings Inc. & MacAndrews, Ronald Perelman, is suing Larry Gagosian over past art deals.  The case started in September 2012 when both parties filed claims against each other on the same day in the same New York court.  Gagosian accused Perelman of backing out of a $23 Million art deal. Perelman’s suit asserts that Gagosian manipulated art prices and concealed information…

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Tour de Courts: SCA and Armstrong Battle It Out on Question of Fraud and Settlement

Lance Armstrong is riding a new tour these days, but instead of fresh air and the beautiful landscapes of France, this tour will be inside offices (lawyers’ offices) and courtrooms. Yes, it is the Tour de Courts.  Since his confession to doping in an interview with Oprah Winfrey, his legal problems have compiled dramatically. One of the more public legal disputes is with SCA Promotions (SCA). SCA helps companies run promotions that involve large payouts – payouts that these companies would otherwise not be…

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Mike Tyson Seeks to Punch-Out Former Financial Advisors with Lawsuit

On February 20, 2013, former heavyweight boxing champ Mike Tyson filed a multi-million dollar lawsuit against Live Nation Entertainment Inc. and its subsidiary SFX Financial Advisory Management Enterprises Inc. in California state court.  Tyson’s suit accuses the Defendants of damaging him financially by embezzling more than $300,000.00 from Tyson and his wife, along with providing Tyson false financial advice that ended up costing the former star more than $5 million. Tyson has had a financial relationship with the Defendants since 2005.  Later, when the boxer…

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Federal Judge Cuts Down Actress’s Claims in Suit Against Amazon, IMDb for Posting Her Age Online

U.S. District Judge Marsha J. Pechman released an order on July 2, 2012 granting a joint motion by IMDb.com Inc. and parent company Amazon.com Inc. to dismiss actress Junie Hoang’s claims that IMDb’s and Amazon’s privacy notices were fraudulent. 40-year old Hoang brought a breach of contract and privacy suit against IMDb and Amazon in October for finding and publishing her true age online. Hoang claimed that after she signed up for an IMDbPro account, her legal date of birth was added to her public…

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