Following clashes between the former NBA star and venture partners over the sale of Echo Fox's 'League of Legends' slot, the group is claiming"grossly negligent" behavior as grounds for Fox's removal.
Rick Fox's confrontations with partners at his esports venture, Echo Fox, continue to heat up as the partners this week sent a "for cause removal notice" and on Friday filed a temporary restraining order against the former NBA All-Star., sent to Fox on Wednesday, the partners call for the removal of Fox from his position as co-owner in the next 60 days, claiming he was "grossly negligent or committed willful misconduct in the performance of [his] duties.
On Friday morning, a breach of fiduciary duty lawsuit was filed by Vision Esports against Fox in L.A. County Superior Court alleging Fox "engaged in reckless and fraudulent self-dealing" and "willfully or recklessly breached confidentiality agreements to which he was bound." Vision also asked the court for a TRO that would constrain Fox's control over the company until the notice window expires.
Following that announcement, Fox was accused of tanking a deal for the open slot in favor of pushing one that personally benefited him. Meanwhile, Fox toldthe claims are "outrageous" lies and that Riot had vetted the deal. A Riot Games rep, meanwhile, said "no bids were pre-approved."
Looks like Rick keeps making excuses and playing the victim , I'm so over it ......Pleaseeeeee!!!!!
Do people still take Rick Fox seriusly ? All he seems to be doing is blame people for his own mistakes. It was reported Echo Fox's value crashed from 150 millon to like 30 under his management, even most lotto winners don't lose as much as he did if that's the case lol
Interesting, and there I thought Rick is only seen in public wearing the 'eSports super hero' outfit.... weh weh :D Lightning is coming, I should go.
This is no surprise really, RickFox wants everybody to believe AmitRaizada_ is 100% evil & lying, but Amit, and now his partners, have made very serious claims which they now seem to be willing to back up with action. Was Rick mostly spinning this cause he knows he has no case?
Rick Fox is so fine