COURT FILING REVEALS NEW EVIDENCE AGAINST MOTLEY CRUE’S CO-MANAGER:
September 12, 2007
Legendary rock band Motley Crue has filed an amended complaint containing newly obtained evidence in its lawsuit against artist manager Carl Stubner and his three companies Sanctuary Group, Inc., Sanctuary Artist Management, Inc. and Carl Stubner Productions, Inc. The evidence, consisting of statements from band members Vince Neil, Nikki Sixx and Mick Mars as well as ten sworn declarations from key professionals associated with the band, demonstrates beyond any question that Stubner was a manager of Motley Crue and not just the manager of drummer Tommy Lee as he has previously claimed in press releases and legal filings. The newly obtained evidence supports and confirms allegations in the amended complaint filed yesterday in Los Angeles Superior Court that Stubner breached his fiduciary duties to Motley Crue by orchestrating a scheme for his personal financial gain at the expense and to the detriment of the band.
Even though he received approximately a million dollars in commissions from Motley Crue, Stubner used his positions as the band’s manager and the manager of one of the band members to demand a higher commission for himself. The amended complaint contends that his motivation was pure greed. The new evidence also confirms that Stubner demanded tickets from the band that he resold at “scalper” prices for his own gain.
The lawsuit seeks compensatory damages of more than $20 million for lost earnings and profits resulting from the Defendants’ actions. The lawsuit also seeks punitive damages because, as claimed in the amended complaint, the defendants’ “despicable” actions were undertaken “fraudulently, maliciously and oppressively.”
Courtesy of www.businesswire.com