Actor Johnny Depp has sued his lawyer over claims that he conspired with Depp's former financial manager to swindle $40 million of his wealth.
The "Pirates of the Caribbean: Dead Men Tell No Tales" actor sued Jacob A. Bloom and his law firm Bloom Hergott Diemer Rosenthal & LaViolette, in a new complaint filed on Tuesday, reports tmz.com
The suits claimed that Bloom and the entertainment law firm committed "professional malpractice, breach of fiduciary duty and unjust enrichment", ultimately costing the actor tens of millions of dollars.
"Johnny Depp's lawsuit filed today reflects his continued stand against systemic, self-serving Hollywood practices that he hopes this lawsuit will expose and end," said Depp's lawyer Adam Waldman.
In the new complaint, Depp claimed that "instead of protecting Mr. Depp's interests, Bloom and his firm engaged in misconduct for their own financial benefit and violated some of the most basic tenets of the attorney-client relationship".
The complaint also alleged that Bloom "improperly and negligently collected over $30,000,000 in voidable contingent fees" from his variable income over the years without a legally binding contract under California law.
Depp claimed in the new complaint that he lost out on approximately $32,000,000 in residual payments from his films over a three-year period due to the manipulated terms of the loan.
--IANS
ks/rb/bg
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
