Deal Gone Sour! Unsatisfied Investor Sues The Kardashian Sisters For $180m

Date: 24-03-2016 6:46 am (8 years ago) | Author: kacy lee
[1] 2
- at 24-03-2016 06:46 AM (8 years ago)
(f)


The Sisters Kardashian are being sued for $180 million and being accused of fraud by a disgruntled investor in their makeup line.

Hillair Capital Management is claiming that shortly after it invested in the makeup line, which was struggling after its distributor folded in 2014, the sisters began looking for a new partner to buy out the Hillair stake, reports the New York Daily News. The suit lays this out bluntly:

IN SHORT: THE KARDASHIANS WANTED A BETTER, MORE LUCRATIVE DEAL THAN THEY HAD STRUCK WITH HILLAIR AFTER THE MONEY TO CONTINUE THE LINE WAS ALREADY COMMITTED, AND THEY USED THEIR ABILITY TO WITHHOLD THEIR SUPPORT OF THE LINE TO ATTEMPT TO FORCE HILLAIR INTO A BUYOUT OF ITS INTEREST.




It further alleges that Khloe Kardashian publicly disparaged the products in the line, obviously bad for the investment.

Lawyers for the Kardashians shot back, claiming the suit “is an obvious attempt to create leverage by hedge fund operators who took over the Kardashians’ cosmetics brand.”

Requests for comment from both Fielding and the Kardashians were not immediately returned.

The suit was filed in Los Angeles.

Posted: at 24-03-2016 06:46 AM (8 years ago) | Addicted Hero
- OOSSYY at 24-03-2016 06:53 AM (8 years ago)
(m)
GOOD FOR THEM, LET THEM PAY THE MAN SHARPERLY
Posted: at 24-03-2016 06:53 AM (8 years ago) | Upcoming
Reply
- sweetypweety at 24-03-2016 07:03 AM (8 years ago)
(f)
Who doesn't know those girls and their entire family are fraudsters?
Posted: at 24-03-2016 07:03 AM (8 years ago) | Gistmaniac
Reply
- kp45 at 24-03-2016 07:48 AM (8 years ago)
Online (m)
I see
Posted: at 24-03-2016 07:48 AM (8 years ago) | Addicted Hero
Reply
- Eazyatumeyi at 24-03-2016 08:24 AM (8 years ago)
(m)
This is the beginning of their down fall.
Posted: at 24-03-2016 08:24 AM (8 years ago) | Hero
Reply
- BournIdentity at 24-03-2016 08:29 AM (8 years ago)
(m)
Na so...
Posted: at 24-03-2016 08:29 AM (8 years ago) | Addicted Hero
Reply
- morgrawl231 at 24-03-2016 08:33 AM (8 years ago)
(m)
 Roll Eyes Roll Eyes Roll Eyes
Posted: at 24-03-2016 08:33 AM (8 years ago) | Hero
Reply
- pnuonum78 at 24-03-2016 08:54 AM (8 years ago)
(f)
May God help you all
Posted: at 24-03-2016 08:54 AM (8 years ago) | Newbie
Reply
- DAMILARE100 at 24-03-2016 09:09 AM (8 years ago)
(m)
LOLzzz
Posted: at 24-03-2016 09:09 AM (8 years ago) | Gistmaniac
Reply
- kison at 24-03-2016 09:25 AM (8 years ago)
(m)
NEXT TIME Be careful, be very very careful,CAREFULLLLLLLLLLLLLLLLLLLLLLLLL...
Posted: at 24-03-2016 09:25 AM (8 years ago) | Hero
Reply
- Haso112 at 24-03-2016 09:26 AM (8 years ago)
(m)
Quote from: DRE on 24-03-2016 09:09 AM
LOLzzz

DAMN!!! This was MOST DEF made in BIAFRA... loooool... We call this one... PINOCCHIO ADDIDAS
Posted: at 24-03-2016 09:26 AM (8 years ago) | Gistmaniac
Reply
- slimmygal at 24-03-2016 09:33 AM (8 years ago)
(f)
ok, make dem go pay sharp sharp.
Posted: at 24-03-2016 09:33 AM (8 years ago) | Gistmaniac
Reply
- gogoman at 24-03-2016 10:11 AM (8 years ago)
Online (m)
They would use their body to get out of this mess im sure of that
Posted: at 24-03-2016 10:11 AM (8 years ago) | Grande Master
Reply
- okatee at 24-03-2016 10:14 AM (8 years ago)
(m)
KPANKAN!!!! MAK DEM GO FACE DEIR WAHALA CUS ME TOO GET MY OWN.
Posted: at 24-03-2016 10:14 AM (8 years ago) | Gistmaniac
Reply
- Eazyatumeyi at 24-03-2016 11:24 AM (8 years ago)
(m)
Quote from: mr gogo on 24-03-2016 10:11 AM
They would use their body to get out of this mess im sure of that
sure, they will.
Posted: at 24-03-2016 11:24 AM (8 years ago) | Hero
Reply
- Eazyatumeyi at 24-03-2016 11:25 AM (8 years ago)
(m)
Quote from: princess nuonum peace on 24-03-2016 08:54 AM
May God help you all
that's if they know God
Posted: at 24-03-2016 11:25 AM (8 years ago) | Hero
Reply
- samdove28 at 24-03-2016 12:29 PM (8 years ago)
(m)
Hmmmmmmm.... Na there life jare... Wetin be my own in that... Make then go settle ham....
Posted: at 24-03-2016 12:29 PM (8 years ago) | Gistmaniac
Reply
- DAMILARE100 at 24-03-2016 12:36 PM (8 years ago)
(m)
Yes
Posted: at 24-03-2016 12:36 PM (8 years ago) | Gistmaniac
Reply
- deita at 24-03-2016 01:56 PM (8 years ago)
(f)
No b small money oooo! but is none of my biz
Posted: at 24-03-2016 01:56 PM (8 years ago) | Newbie
Reply
- imaria at 24-03-2016 11:09 PM (8 years ago)
(f)
Interest me not
Posted: at 24-03-2016 11:09 PM (8 years ago) | Gistmaniac
Reply
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