Stephen Baldwin says Kevin Costner tried to gaffle him.
Stephen Baldwin is suing Kevin Costner for $3.8 million over a tiff involving oil-separating technology that the Waterworld actor pushed to help solve the BP oil spill in the Gulf of Mexico. A complaint filed in Louisiana District Court alleges that Baldwin and friend Spyridon Contogouris entered into a joint agreement to help market the technology — developed under the Costner in Nevada Corporation (CINC) — to BP following the spill. Court papers, however, claim Costner excluded them from a meeting with BP that resulted in an $18 million down payment for the CINC technology. After allegedly not being told of the meeting, Contogouris and Baldwin claim Costner used the $18 million to buy them out of the enterprise, forcing them to give up approximately $2 million of their shares one day prior to BP’s $52 million purchase of CINC technology. Contogouris is suing for $10.64 million; both plaintiffs are claiming securities fraud and misrepresentation.Jacked from Entertainment Weekly
5 comments:
So you didn't hold out long enough and now you're pissed? Its called business asshole. Not his fault that all you saw were $$$$ signs.
Stephen Baldwin is a loser, just like his brother daniel. A whole bunch of irish american trash. Alec and william are the decent ones! sad to say!
Sounds like a sly underhanded yet brillianty legitimate business move on Costner's part - business is cut throat - ask Paul McCartney about that (he told Mike Jackson to invest in music catalogs so Mike out bid him for the Beatles).... those Baldwin's have bad tempers - I can see him straight beating the shit out of Kev if they run into each other - let me know when that happens Gossip Jacker....
He is a "christian" so he will go in peace. money isn't everything
@820...LMAO!!!--ThatBKChick
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