Friday, April 19, 2024

Scooter Braun Isn’t Worried About $50 Mil Lawsuit from Ex-Goldman Sachs Exec: “Got to love a good opportunist”


Scooter Braun. superstar manager of Justin Bieber and Ariana Grade, Tweets this afternoon: “One day I woke up to find out that a guy who took $5 million from us years ago with zero results has now read a headline of our success and has shown up out of the blue to ask for more money. Got to love a good opportunist. Unfortunately we don’t scare easy. Wish him well.”

He adds: “Now back to reality.”

Braun is having a good day, bad day. He signed Kid LaRoi, who’s had a big hit with Miley Cyrus all spring.

On the downside, he’s being sued for $50 million by a former Goldman Sachs exec who alleges Scooter swindled him. Peter Comisar, former vice chairman at Guggenheim Securities, says Braun lured him over to his Ithaca Holdings to a start-up that would tap his network for hundreds of millions of dollars. Meanwhile, Braun says Comisar is suing him because of the impending $1.05 billion sale of Braun’s holding company, Ithaca to BTS’s Korean company.

Comisar says Braun promised that he’d raise $200 million from high rollers like David Geffen. But it never happened, and Comisar was tagged out between 1st and 2nd. Now Scooter says Comisar waltzed off with $5 million. Who’s telling the truth? We’ll know, sooner or later.

Roger Friedman
Roger Friedman
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.

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