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Scooter Braun hit with $50 million lawsuit by former Goldman Sachs Partner


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Scooter Braun was hit with a $50 million lawsuit by former Goldman Sachs partner, Peter Comisar. He alleges the music executive promised him a meaningful and lucrative role in his new venture once he left his lucrative job, but Scooter failed to keep his promise. 

Comisar says Braun courted him for more than a year. He finally caved to join Braun, but ultimately the deal fell through.

From Complex:

Quote

Comisar claims that Braun “personally executed contractual commitments to support the new venture,” which would’ve given Scope an operating expense of $7 million per year for three years with Comisar earning an salary of $3 million a year. While it appeared that things were trending in the right direction for all parties, it took a turn for the worse when the billionaire investors that Braun allegedly promised weren’t coming through. 
 
“Braun had to explain to Comisar, tail between his legs, how he had asked David Geffen, his supposed Godfather, to invest in Scope, only to be told by Geffen that he did not view Braun as someone with whom Geffen would invest,” the lawsuit said. 
 
“The truth was that Braun’s relations valued him as someone to socialize with, but to whom they could never and trust their millions,” the suit added. “When it came to fundraising, Braun turned out to be a sheep in wolves clothing.”
 
Comisar claims he was threatened by Bolno, who allegedly told him that if he pursued legal action over a breach of contract, “Braun would trash Comisar’s pristine reputation” and “ruin him financially.”

 

Thoughts? 

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This will get settled out of court for some undisclosed amount. Also, I always have felt that Scooter was a poacher of sorts when comes to getting clientele over the past few years. Also feel the same way about Scott B. and talent and that this was why he had to sell big machine, but that's just my opinion.

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I enjoy seeing Braun fail. He's awful to signed artists under hem.

He doesn't let any of them rest. Ariana. Justin.... he puts them al under such a massive pressure that eventually got Justin down.

Same with Ariana. If it were up to him, he would've released an album much sooner after the Manchester bombing.

And then there's the Taylor story.

No sorry but this man should be friends with Jamie Spears. Looks like they would get along!

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4 hours ago, IForgotYouExisted said:

I enjoy seeing Braun fail. He's awful to signed artists under hem.

He doesn't let any of them rest. Ariana. Justin.... he puts them al under such a massive pressure that eventually got Justin down.

Same with Ariana. If it were up to him, he would've released an album much sooner after the Manchester bombing.

And then there's the Taylor story.

No sorry but this man should be friends with Jamie Spears. Looks like they would get along!

Maybe He has something to do with Poot’s downfall as well. :sipnstare_coffee_mug_tea_sipping_spilling_red:

This man needs to be investigated :katyfrog_perry_upset_um:

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