By Michael Lopez
It’s always intriguing to invest in a startup. But in Marc Anthony’s case, certain ventures don’t always go as planned. This week, he filed a suit against the online music company he helped fund, for $1.3 million!
The New York Daily News reports that Marc “lent” ClubCreate Inc. over a million dollars to help get it off the ground. He even let them use his image in a series of online advertising campaigns.
But ClubCreate (which specializes in online recording tools) hasn’t upheld their part of the bargain. Anthony claims the company CEO is irresponsible and has used the funds as his “personal piggy bank.”
But here’s the interesting part; Marc doesn’t want ClubCreate shut down. Instead, he wants his cash back and to appoint of himself as the company’s executive director. It’ll be very interesting to hear what a judge has to say about that.
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