New complaint against the owner of the sun
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And six! On the place of 2023 years, Mat Ishbia He received the sixth appeal against him on Wednesday. This time they are not employees who complain about his management and his behavior, but two minority shareholders who claim Current team owner Rejects them access to internal documents, and especially accounting.
According to a copy of the appeal he received ESPNIt was deposited in Delaware 21. August, and the lawyers who deposited this represent the leaders of Kisco Vc Sports II and investments of Kent. These two entities were the only ones the only ones who have other shareholders at the time Robert Sarver Franchise for sale. The other 14 shareholders sold their actions.
“Our customers have brought the action to get documents that they are entitled as a minority worker of the sun”Explain your lawyers. “They are concerned about the attitude of managers in relation to minority shareholders and want more information about certain costs and capital lift. Transparency with minorities is not optional, and our customers believe it is essential for the success of the sun.” »
In their complaint, these lawyers indicate that in September 2024. Kisco Vc Sport II began negotiating taking over with Mat Ishbia counselor. According to them, the last launched in June financing of funds intended for “throwing pressure and dilution” of the action of minority shareholders of the sun. In addition, they learned that Mat Ishbia “Would conclude parallel agreements that were not disclosed with other members (sun), including the call of funds”. They say they could not get information on the cost of the team and challenge funding Training Center for Training $ 100m Du Mercury, opened in July 2024. years.
For its part, the sun replied that the leaders of these entities demanded that the team bought their shares for $ 825 million, which would be discardable to about 6 billion, compared to the value when purchasing the control of Mat Ishbia 2023. Years. The suns can’t buy them.
2025-08-28 07:42:00
