Newsmax reports that
Two investors have sued filmmaker George Butler, saying they were misled about the plans for a documentary on the life of his friend John Kerry.This is indeed a sad story. After reading it, I feel a more appropriate headline might be:
The lawsuit, filed Monday in U.S. District Court in Manhattan, says brothers Marc and Russell Abrams were misled into thinking that Butler and the producers were trying to make a commercially successful film.
Instead, the Abrams brothers allege in their lawsuit, "Going Upriver: The Long War of John Kerry" was intended primarily to influence the 2004 presidential election in favor of the Democratic Massachusetts senator.
Marc Abrams, who invested $50,000, and Russell Abrams, who contributed $125,000, said investors had been told in a memorandum that the film's producers were "convinced that an award-winning, commercially successful film can be made."
The lawsuit alleges that the owners of the film rejected an offer from a major motion picture company to distribute it, because it would have been released this year to avoid politicizing the release. That offer, the lawsuit says, would have recouped a substantial portion of the investment in the film.
The plaintiffs said they have lost their investments because the film reported no income for 2004 and projects no significant income for 2005.
A lawyer for the Abrams brothers, Kenneth Sussmane, said his clients were seeking to recover their investments. The lawsuit also seeks damages of $1.3 million, which Sussmane said was the amount used to produce the film.
Brothers Victimized For $175 K By John Kerry's Friend To Sue
(At Least They Didn't Lose NEAR As Much As Soros)
(At Least They Didn't Lose NEAR As Much As Soros)
No comments:
Post a Comment