Edgar M. Bronfman Jr., an heir to the Seagram liquor fortune, was sued Monday for $100 million by the former CEO of publisher Simon & Schuster, who claims Bronfman failed to pay him for advising in a $2.6 billion takeover of Warner Music Group. Richard E. Snyder said in a suit filed in New York that Bronfman acted "dishonorably and unlawfully" by going back on a promise to compensate him and by misappropriating his business files and computer. Bronfman is now Warner Music Group's chairman and CEO.
April 25, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Edgar M. Bronfman Jr., an heir to the Seagram liquor fortune, was sued Monday for $100 million by the former chief executive of publisher Simon & Schuster, who claims Bronfman failed to pay him for advising in a $2.6 billion takeover of Warner Music Group.
Richard E. Snyder said in a lawsuit filed in Manhattan’s state Supreme Court that Bronfman acted “dishonorably and unlawfully” by going back on a promise to compensate him and by misappropriating his business files and computer.
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