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May 13, 2024 · Jason Cloth, a Canadian financier with credits on dozens of films including “Babylon” and “Joker,” was hit with a $19.6 million verdict last week after failing to appear at a fraud trial in...
Robert Scot Building Venture LLC and an affiliate say Creative Wealth Media Finance Corp. and its principal, Jason Cloth, breached the contracts for loans made between 2019 and 2021 for seven films and a TV series, according to their complaint, filed Feb. 23 in the U.S. District Court for the Southern District of Florida.
Mar 7, 2024 · A new class action lawsuit is demanding Hollywood movie financier Jason Cloth and an accused Chicago area intermediary pay more than $180 million to repay investors who accuse him of operating a Ponzi scheme that have allegedly allowed Cloth to grab film credits and continue a "lavish lifestyle," while leaving investors, including many from the ...
May 8, 2024 · Jason Cloth, who is working on the upcoming installments of “Mission: Impossible,” “RoboCop” and “Legally Blonde,” must repay investors $6.6 million in compensatory damages and $13 million in punitive damages for his fraudulent misrepresentations, a U.S. District Court for the Southern District of Florida jury ruled in its verdict ...
- aebert@bloombergindustry.com
- Senior Correspondent
May 15, 2024 · Canadian financier and producer Jason Cloth has stepped down as cohead of C2 Motion Pictures Group, the company he cofounded in 2022, amid ongoing allegations of fraud and a Florida court order to...
May 14, 2024 · The announcement that Cloth stepped down, made on Tuesday, comes less than a week after a Florida jury found that he defrauded an investor out of millions of dollars for the production of a slate...
Oct 6, 2021 · Film investor Hudson Private LP Is taking Bron Studios to court, accusing it of misappropriating funds and failing to repay millions due on film loans dispersed between 2017 and 2020.
