The already-troubled acquisition of The Weinstein Co. and its assets by private equity firm Lantern Capital is facing another bump in the road: a $110 million lawsuit. In a suit filed against Lantern on Monday, Marvin Peart, an executive producer on TWC’s “Mob Wives,” says that he helped orchestrate the deal for Lantern to buy TWC, for which he says Lantern agreed to pay him $10.5 million, and give him a seat on the new TWC board of directors. Peart says that Lantern reneged on its agreeme...
Weinstein Co. Buyer Lantern Entertainment Accused of Racism, Fraud in $110 Million Lawsuit
The Wrap - 3 Jul 2018 03:14
The already-troubled acquisition of The Weinstein Co. and its assets by private equity firm Lantern Capital is facing another bump in the road: a $110 million lawsuit. In a suit filed against Lantern on Monday, Marvin Peart, an executive producer on TWC’s “Mob Wives,” says that he helped orchestrate the deal for Lantern to buy TWC, for which he says Lantern agreed to pay him $10.5 million, and give him a seat on the new TWC board of directors. Peart says that Lantern reneged on its agreeme...
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