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May 13, 2024 · Producer Jason Cloth was ordered to pay $19.6 million after failing to appear at a fraud trial last week in West Palm Beach, Fla.
Cloth, who declined to comment on accusations of fraud, has attributed failures to repay investments and loans to Bron's bankruptcy. Last week's $19.6 million verdict stems from allegations that ...
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 Chicago area, holding the bag.
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
In March, a class action lawsuit was filed in Illinois state court, accusing Cloth of defrauding investors out of more than $80 million.
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 ...
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Mar 6, 2024 · The investors filed a class action lawsuit Tuesday against producer Jason Cloth alleging the Canadian man is a Hollywood con artist.
