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REPORTKardashian Sisters Sued For $180 Million Over Struggling Beauty Line
This is one mess even momager Kris Jenner may not be able to fix!
According to a new report, the Kardashian sisters have been sued by the investment firm Hillair Capital Management for breach of contract, fraud and deceit in regards to their Kardashian Beauty line. The LA-based company is seeking approximately $180 million in damages.
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In the civil lawsuit obtained by TMZ, Hillair alleges it invested more than $10 million to salvage the reality stars’ line in 2014 on the basis that Kim, Khloé and Kourtney Kardashian would continue to serve as the faces of the brand and actively promote and market it.
But the company claims the sisters didn’t hold up their end of the bargain. “The Kardashians immediately stopped marketing, promoting, and supporting the line and began courting new potential investors to buy out Hillair’s stake. In short, the Kardashians wanted a better, more lucrative deal,” the court documents state.
This isn’t the first time the girls’ beauty label has come under fire. In April 2014, they settled a copyright infringement lawsuit over the line’s original name, Khroma Beauty. They rebranded the products as Kardashian Beauty shortly after the lawsuit was filed in 2012.
