Investors Sue Danny DeVito

     MANHATTAN (CN) – Investors claim Danny DeVito defrauded them in a film project, the “True Confession of Charlotte Doyle.” Bentley Industries claims it raised $3.5 million for the film, to star Morgan Freeman and Pierce Brosnan, and agreed to raise $10 million for a “slate of 15” movies. When Freeman was injured in an auto accident, DeVito suspended filming and refuses to pay the 5 percent of $10 million he promised, according to the complaint in New York County Court.

     Bentley and co-plaintiff Majic Development Group sued Jersey Films 2nd Avenue LLC, Danny DeVito, Charlotte Productions LLC, and Fireman’s Fund Insurance Co. They claim the defendants were required to pay a “5 percent equity fee payable out of the gross equity proceeds obtained from any potential financing sources for all or any portion of the project.” And they claim that defendant Charlotte took out an insurance policy with Firemen’s.
     The investors demand that Firemen’s deposit $1 million in a trust fund, pending orders of the court. They demand punitive damages for fraud, unjust enrichment and breach of contract – or at least $500,000.
     Plaintiffs are represented by Robert Hantman.

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