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      • 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 Chicago area, holding the bag.
      cookcountyrecord.com › stories › 656128436-chicago-area-investors-part-of-nationwide-180m-class-action-vs-movie-financier-jason-cloth-over-filmmaking-ponzi-scheme

      Chicago area investors part of nationwide $180M class action ...

  2. dockets.justia.com › docket › new-yorkBayshore Capital Advisors, LLC et al v. Bron Studios USA, Inc ...

    Feb 8, 2022 · Filing 9 REQUEST FOR ISSUANCE OF SUMMONS as to Jason Cloth, re: #1 Complaint,. Document filed by BCA Alternative Income Fund, LP, Bayshore Capital Advisors, LLC, Rocking T Ranch, LLLP..(DuCharme, Seth)

    • 7:2022cv01105
    • February 8, 2022

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  4. news.bloomberglaw.com › litigation › mission‘Mission: Impossible’ Producer Faces $20 Million Fraud Verdict

    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

  5. variety.com › 2024 › filmProducer Jason Cloth Ordered to Pay $19.6 Million After ...

    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...

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  7. dockets.justia.com › docket › new-yorkPreserver, LP v. Creative Wealth Media Finance Corp. et al

    Mar 19, 2021 · Filing 5 ELECTRONIC SUMMONS ISSUED as to Jason Cloth, Creative Wealth Media Finance Corp...(pc) March 22, 2021: CASE OPENING INITIAL ASSIGNMENT NOTICE: The above-entitled action is assigned to Judge J. Paul Oetken.

    • 1:2021cv02456
    • Preserver, LP
    • March 19, 2021

  8. cookcountyrecord.com › stories › 656128436-chicagoChicago area investors part of nationwide $180M class action ...

    Mar 7, 2024 · The complaint asserts Cloth, who has helped finance numerous big money productions, including "Babylon," "Mission: Impossible," "Joker," and "Ghostbusters: Afterlife," is actually an alleged scammer who used multiple entities to try to stay ahead of investors, and leave them holding the bag.

  9. www.law.com › dailybusinessreview › 2024/05/10‘Adjust on the Fly’: South Florida Jury Awards $19.5M

    May 10, 2024 · The case dates to February 2023, when Robert Harris alleged the movie producer Cloth and his production company, Creative Wealth, fraudulently induced him into investing in a series of film and...

  10. today.westlaw.com › Document › I60e01380bc4011ed8636Investor sues producer of 'Ghostbusters' sequel for unpaid ...

    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.

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