Producer/producer/producers and their business models are increasingly in jeopardy.
The two men behind the smash hit “Who Produces ‘DRAGON'” are still at the center of a lawsuit filed against them and the company they worked for, DREAMWorks.
The complaint, filed in federal court in Florida on Thursday, accuses the two men of fraud and conspiracy for their alleged role in the creation of the Disney musical.
The lawsuit accuses the men of defrauding the company of $300 million in profits in 2015 and 2016 and also alleges that they failed to pay the taxes that were due on their income and profits in 2016 and 2017.
In their lawsuit, the two accused DREAMWORK of conspiring to prevent them from receiving payments from DREAMworks, a claim the two said they are prepared to defend.
“In short, these defendants were knowingly in violation of numerous federal and state laws, including the Foreign Corrupt Practices Act, and the False Claims Act,” the complaint reads.
“They were also criminally negligent, with one of their own employees being criminally prosecuted.”
The complaint also alleges DREAMWEBS’ actions were “willfully, maliciously, fraudulently, and recklessly” and “fraudulent.”DREAMWORK and the two defendants declined to comment on the case.
DREAMS was not immediately available for comment.DREAMworks’ former head of music, Jonathan Pemberton, was arrested in March on a felony charge stemming from the fraud allegations.
The case stems from a lawsuit DREAMSTREET filed in February, which alleged that Pemberston, who now works for the company, had been defraudning the company and defraudming the company’s investors by selling their investment in the musical.
Pemberton was charged with one count of wire fraud and one count each of money laundering and wire fraud.