Scooter Braun took to Twitter on Thursday to blast a former enterprise partner who sued him this week as nothing greater than an “opportunist” trying to receives a commission.
“One day I woke up to find out that a guy who took $5 million from us years ago with zero results has now read a headline of our success and has shown up out of the blue to ask for more money,” Braun tweeted of ex-Goldman Sachs partner Peter Comisar.
“Got to love a good opportunist. Unfortunately we don’t scare easy. Wish him well.”
Braun’s tweet got here in the future after The Post exclusively reported on Comisar’s scathing lawsuit accusing the music supervisor behind stars like Justin Bieber of luring him right into a dead-end job with empty guarantees about his capacity to safe cash from high-profile friends like Apple’s Jimmy Iovine and Hollywood’s David Geffen.
Comisar claims Braun “aggressively courted” away from his profitable job at Guggenheim Securities to run a brand new enterprise capital firm referred to as Scope Capital Partners.
But Braun allegedly left Comisar excessive and dry when he failed to lift the required funds after which accepted cash for related investments from personal fairness big Carlyle Capital via his Ithaca Holdings firm, which he bought this 12 months for $1 billion.
Braun, who is maybe finest identified for his ugly public spat with Taylor Swift, additionally filed in courtroom papers this week in Los Angeles state courtroom, that he was searching for to maneuver Comisar’s case to arbitration, the place their variations might be duked out privately.
In submitting for the transfer to arbitration, Braun’s attorneys echoed claims that Comisar is on the lookout for an enormous payday.
The courtroom papers accuse Comisar of a “money grab” in the wake of the $1 billion windfall Braun amassed in April for the sale of Ithaca Holdings to South Korean media big, Hypbe.
Lawyers for Braun declare Comisar even sought to “derail” the Ithaca sale by threatening to “sue Braun in court” if he didn’t “cave” into his “extortionate demands,” that included a hefty payout.
They claimed the Wall Streeter “took” $5 million associated to launch of Scope, plus a $3 million wage, with out rising Scope’s enterprise or elevating the $250 million he was anticipated to lift for the enterprise.
“Comisar was unable to get a single investor to invest with Scope Capital Management,” the petition mentioned, including that Comisar spent his effort and time working his personal consultancy enterprise as a substitute.
In response to Braun’s allegation’s Comisar’s legal professional Joel Kozberg of Kozberg & Bodell advised The Post on Thursday that “Mr. Braun has a history of trying to blame others for his own failings. It doesn’t surprise us that he does so here.”
“Mr. Comisar has had a 30 year career operating under a code of honesty, the highest ethical standards, and unyielding commitment and support for his clients that has never before been questioned,” he mentioned, including that Braun’s claims might be confirmed “false.”
Kozberg’s lawsuit blames Braun for having “abandoned” Scope after a 12 months of failing to get it up and working. Comisar left in 2018, one 12 months after signing a contract to be paid $3 million a 12 months over three years.
“Not one of Braun’s contacts agreed to invest any amount, much less the hundreds of millions Braun had promised,” the lawsuit claimed. “The truth was that Braun’s relations valued him as someone to socialize with, but to whom they would never entrust their millions.”
But the Hollywood supervisor behind stars like Ariana Grande, Demi Lovato and Carly Rae Jepsen, mentioned his dedication to the fund was contingent on Comisar having “secured at least $250 million in investment commitments from investors.”
Braun’s authorized workforce helmed by Larry Stein of Russ August & Kabbat mentioned courtroom papers: “While Braun lived up to his end of the bargain and funded Scope to the tune of $5.2 million … Comisar was unable to secure a single investor commitment” and positioned their authorized submitting as “an attempt by a failure and opportunist to make a quick buck off someone else’s hard work.”
The subsequent chapter in the Braun-Comisar saga will both be performed out in arbitration or in the courtroom room as soon as the case will get a decide.