Jessica Simpson has been sued because her dad Joe allegedly stiffed a guy out of an enormous finder's fee when she sold the majority stake in her fashion company
Jeffrey Bowler claims he made a deal with Joe Simpson for a 10% finder's fee if Bowler could find a buyer for The Jessica Simpson Collection. It's a strange deal, because Bowler says it was made nearly 10 years ago over the phone and never committed to writing.
Fast forward to April 2015, when Bowler claims Jessica sold a majority stake in the business for $120 million.
Bowler says in the lawsuit Jessica, Joe, Tina and Ashlee screwed him out of his $12 million commission.
It's interesting Bowler claims the majority stake went for $120 mil. There are many reports calling The Jessica Simpson Collection a billion dollar business.
Read more:
http://www.tmz.com/2015/08/11/jessic...#ixzz3idwgLlQQ
Joe Simpson claims the guy suing him, Jessica and family for $12 million is simply trying to extort the Simpson family over a supposed deal that never came to fruition.
In the lawsuit -- filed in New York -- Papa Joe does say he was working with Jeffrey Bowler in 2010, but says that deal "died on the vine" way back when and has nothing to do with the mega deal that came five years later.
Furthermore, Joe says the deal he was working on with Bowler was to license her makeup line only ... and had nothing to do with selling the entire product line.
Read more:
http://www.tmz.com/#ixzz3idwH8mSJ
