According to the complaint against Braun, he decided to expand his empire in 2016 by engaging in a private equity fund as the vehicle and started hiring Comisar. In his petition, Braun reported that he invested more than $5 million to launch SCOPE Capital Management. He also reported that he had paid Mr. Peter Comisar $3 million in salary.
In addition, Comisar agreed to participate only with Braun’s three-year budget and personal investment, he said. He also claims to have written an agreement to celebrate his promise.
Braun has the potential to raise between five hundred to seven hundred million from a well-known billionaire in the entertainment industry. David Geffen, Haim Saban and others participated in this matter. Braun demanded that he sever his relationship with his former employer, the lawsuit adds.
Role of Peter Comisar in the case
Former Goldman Sachs partner Peter Comisar promised Braun to lead a new investment firm backed by media giants like Apple’s Jimmy Iovine and Hollywood mogul David Geffen. So does the Solos millionaire family. During the proceedings, Borno praised Braun’s past conversations and admitted that he had relaunched Calvin Klein underwear and created Kanye West’s Yeezy brand through a campaign with Justin Bieber. Friends like Jimmy Iovin and David Geffin invest in Scope.
What was exactly they tried from the last five years
According to the lawsuit filed against Braun and Hollywood businessman David Borno, they decided to expand their network in 2016 and start recruiting comedians by choosing a private equity firm. According to the lawsuit filed against Braun and Hollywood businessman David Borno, they decided to expand their empire in 2016 and start recruiting comedians by choosing a private equity firm.
Commissar announced that Braun personally had completed a contract to support a new business, which would bring Scope $7 million annually for three years and Commissar $3 million annually. You can achieve that. Things seemed to be going in the right direction for all parties, but things took a turn for the worse when billionaire investor Braun made no promises.
The community agreed to participate with only Braun’s three-year budget and personal investment, claiming he had obtained a written agreement to commemorate the promise. Braun also stated that David Geffen, Jimmy Iovin, is said to have shown the potential to raise between $500 and $750 million from well-known billionaires in the entertainment community, such as Heim Savan. Braun demanded that he sever his relationship with his former employer, the lawsuit adds. Scooter Braun has been involved in another public conflict, but this time in the form of litigation.
The music director, known for dealing with artists like Ariana Grande, Justin Bieber and Demi Lovato, has filed a $50 million lawsuit for luring a Goldman Sachs partner to join the company with false promises fake. Apparently, Braun tried to bring in Peter Comisar to help found Braun’s investment firm Scope Capital Partners.
The veteran banker, Comisar, said Braun promised Braun in February 2017 that he would quit at Guggenheim Securities, promising close relationships with celebrities like David Geffen, who invests in the fund. is said to have been tempted