Social News XYZ     

Johnny Depp sues lawyer for swindling

Johnny Depp sues lawyer for swindling

Los Angeles, Oct 18 (IANS) Actor Johnny Depp has sued his lawyer over claims that he conspired with Depp's former financial manager to swindle $40 million of his wealth.

The "Pirates of the Caribbean: Dead Men Tell No Tales" actor sued Jacob A. Bloom and his law firm Bloom Hergott Diemer Rosenthal & LaViolette, in a new complaint filed on Tuesday, reports tmz.com

 

The suits claimed that Bloom and the entertainment law firm committed "professional malpractice, breach of fiduciary duty and unjust enrichment", ultimately costing the actor tens of millions of dollars.

"Johnny Depp's lawsuit filed today reflects his continued stand against systemic, self-serving Hollywood practices that he hopes this lawsuit will expose and end," said Depp's lawyer Adam Waldman.

In the new complaint, Depp claimed that "instead of protecting Mr. Depp's interests, Bloom and his firm engaged in misconduct for their own financial benefit and violated some of the most basic tenets of the attorney-client relationship".

The complaint also alleged that Bloom "improperly and negligently collected over $30,000,000 in voidable contingent fees" from his variable income over the years without a legally binding contract under California law.

Depp claimed in the new complaint that he lost out on approximately $32,000,000 in residual payments from his films over a three-year period due to the manipulated terms of the loan.

Facebook Comments
Johnny Depp sues lawyer for swindling

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

%d bloggers like this: