Woman claimed Kobe Bryant promised her stake in investment. Now she owes Vanessa $1.5 million

  • 📰 latimes
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 82%

Business News News

Business Business Latest News,Business Business Headlines

An arbitrator ruled in favor of Vanessa Bryant and the companies associated with Kobe Bryant after an ex-employee sued for millions, claiming the he promised her a stake in BodyArmor investment.

In the roughly four-year stretch between Kobe Bryant’s retirement and his death in 2020, he built a wide-ranging business portfolio that lives on.

The court documents state that Carter asked for an equity interest in Bryant’s investment in BodyArmor three times between 2017 and 2020; those requests were denied by Bryant each time. According to the documents filed this week, no evidence that anyone had been notified about that agreement was provided during arbitration, and Vanessa Bryant, BodyArmor chief executiveand BodyArmor chief marketing officer Mike Fedele testified they were unaware of any such agreement at the time.

Gupta ruled in favor of Vanessa Bryant in all three of those claims. Carter also lost on three separate causes of action filed against Kobe Inc., looking for “millions more,” the documents state, regarding a post-employment payout.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in BUSİNESS

Business Business Latest News, Business Business Headlines