The
Kardashian sisters were sued on Monday by an investment firm seeking
more than $180 million over their ill-fated beauty line. Kourtney,
Kim and Khloe Kardashian were named as defendants in the civil lawsuit
filed by Hillair Capital Management in Los Angeles, according to an
article by TMZ.
Hillair
accused the reality stars of breach of contract, fraud and deceit after
investing more than $10 million to salvage their struggling Kardashian
Beauty makeup line.
The sisters in April 2014 settled a different copyright infringement lawsuit over the beauty line.
They
were sued along with Boldface Licensing and Branding over their Khroma
Beauty makeup line by Lee Tillett who founded Florida-based Kroma Makeup
in 2004. Boldface rebranded the makeup line as Kardashian Beauty shortly after Tillett filed her lawsuit in June 2012.
Hillair
in court documents said it agreed to invest in the Kardashian Beauty
makeup line in July 2014 'after former distributor, Boldface, went belly
up amidst legal and financial troubles'.
Hillair claimed that it 'suffered significant damages' due to the Kardashians.
The investment company was seeking a jury trial.
Hillair
also was pursuing damages that include the $10 million already invested
plus the value of their equity interest in the makeup line that was
estimated 'between $64 million and $180 million'.
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